Author Topic: Obama to cut $42 billion from war effort  (Read 247 times)

240 is Back

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Obama to cut $42 billion from war effort
« on: January 21, 2011, 03:08:49 PM »
Good move or bad move?


33, you have said you'd like to see Obama cut the military 50% over 5 years.  Surely you support this move?



A plan to reduce the number of troops in Iraq and Afghanistan means that the Pentagon's war budget can be cut by $42 billion in fiscal year 2012.

That's a 26 percent decrease from fiscal 2011, when $159 billion was budgeted.

"The proposed $117 billion for fiscal year 2012, which begins Oct. 1, would be the lowest expenditure for the wars since fiscal 2005," Bloomberg's Tony Capaccio reported.

The cuts reflect the Obama administration's plan to reduce the number of troops in Afghanistan and Iraq, as well as new rules on what can be included in the war budget.

"That’s the largest year-to-year decrease in total war funding" since the start of the war in Afghanistan, the nonpartisan Center for Strategic and Budgetary Assessments' Todd Harrison told Bloomberg.

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Re: Obama to cut $42 billion from war effort
« Reply #1 on: January 21, 2011, 03:29:39 PM »
We are broke.  Not only broke, dead busted broke.  We need across the board cuts so no one is spared.