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Wednesday, May 9, 2012

postheadericon Taking us backwards on nuclear spending

America is in the midst of a major fiscal crisis. Spending will outpace revenue by more than a trillion dollars this year. Red ink hovers over all government decisions. At the same time, our country faces multiple security threats. Transnational challenges including terrorism, the spread of weapons of mass destruction, and cyber attack loom.

Unfortunately, the National Defense Authorization Act for 2013 being marked-up by the House Armed Services Committee (HASC) today misses the mark. Rather than comprehensively addressing these threats in a manner that deals clearly with both our security and fiscal challenges, the HASC bill takes a step backwards. Judging by the proposals in this bill, one would think that the Soviet Union hadn’t dissolved and that taxpayer funds were limitless.  Remarkably, this bill funds pet nuclear projects as if the Cold War were at its peak while busting the fiscally-prudent defense spending cap that Congress agreed to last year ! as part of the Budget Control Act (BCA).

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