A Radical Plan to Cut Defense Spending by 40%
This year the U.S. is expected to spend $700 billion on defense. That’s twice what was spent in 2001, and as much as is spent on the rest of the world’s militaries combined.
Defense is the U.S. government’s biggest discretionary expenditure, but given the level of the national debt — and the drive to reduce government spending — calls are louder than ever to find cost savings.
Ret. Army Col. Douglas Macgregor says there are ways to reap major savings when it comes to defense. He recently wrote about the subject in an article titled “Lean, Mean Fighting Machine” for Foreign Policy magazine. He tells Guy Raz, host of weekends on All Things Considered, that the U.S. simply cannot afford “wars of choice.”
Expect the neo-isolationists & Paulians to love this guy..