Early Warning Blog
Anticipating a brutal outcome from the deliberations of the deficit super committee, the military is already planning for very deep reductions in force structure. Published reports suggest that the Army may give up 15 of its 45 Active Component brigades. The Army’s current end-strength is about
Last week saw a continuation of the recent drumbeat of bad news about defense spending, with many experts predicting that outlays for weapons will fall steadily in the years ahead. So of course the equities of the biggest military contractors sold off, right? Wrong! According to Byron Callan
Washington as a whole and defense experts, in particular, are bracing for massive reductions in defense spending coming out of the deliberations of the Congressional super committee. If automatic budget cuts are triggered, defense could see budgets decline by around $1 trillion over the next decade.
One way to look at the creation of the deficit super committee of twelve Congressmen and Senators is that this was the only way for the leadership in Washington to deal with the radicals in the Democratic and Republican parties. The Far Left wants to soak the rich and the corporations with tax increases
When the people flying aircraft are incapacitated, one option is to put the plane on autopilot. It keeps the plane aloft for a while -- as long as there are no mountains dead ahead -- but it can't land the plane. That requires having a real person in charge. It appears that the debt agreement
Chalk up another victory for House Republicans. They struck a tentative deal on raising the debt limit that focuses only on spending cuts, includes Medicare in programs vulnerable to sequestration and requires an up or down vote on the balanced budget amendment. They got all this while giving up
The debate over how to deal with the deficit is not, as many pundits have argued, a fight between a strong defense and a strong economy. At its core this debate over the deficit and spending reductions is a fight between national security and human security. National security spending is almost