Monday, November 10, 2008


  • US defense spending rose 72% over the course of the Bush Administration, from $381 billion in 2000 to $671 billion in 2008.
  • President-elect Obama is expected to continue that trend, as he has vowed to increase the size of the military’s ground forces.
  • Secretary Gates sees it as a bargain, if anything, compared to the $700 billion “stimulus” package pushed through last month, saying “If you want to talk about a stimulus package, the defense budget’s not bad and obviously a lot of jobs around the country depend” on military spending.

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