Ready to Rumble?
Let’s Agitate for Jobs — Not War and More Weapons
by Judith Le Blanc
Something is missing in the swirl of news reporting on the debt ceiling deal struck on August 2 by the Congress and the President for close to $1 trillion in cuts in discretionary programs over the next decade.
Will the 58% of discretionary spending that goes to the Pentagon take a hit in the name of deficit reduction?
The short answer is not necessarily, not unless we are ready to rumble.
Even the Senate Armed Services Committee leaders Sens. Carl Levin and John McCain have no idea what the deal does to the Pentagon budget.
The cruel irony is the debt ceiling deal exempts spending on the wars in Afghanistan and Iraq, even though war costs are one of the biggest factors driving up the national debt by over a trillion dollars. (more…)