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Old 2004-08-31, 10:50 AM   #1
Danny Cipriani > You
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Hard traveling hero.
Thumbs down " U.S. defence budget now greater than Cold War average "

The $417 billion defence bill that Pesident Bush signed this year is 12% higher than the average military budget during the Cold War, according to the Center for Strategic and Budgetary Assessments (CSBA).

The Pentagon expects to spend nearly $490 billion by fiscal year 2009 as new ships, planes and next-generation fighting tools come off the production lines. Thatís 23% higher than the average Soviet-inspired U.S. defense budget, CSBA states.

Would Kerry make an difference? Not according to military analysts who suggest "It would just be a question of a shift in spending priorities." The Kerry campaign has stressed a need for an additional 40,000 troops.

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And the US deficit now greater than when Reagan finished, even though Clinton managed to create a surplus in his years there.....

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