Now that the US has pulled out of Afghanistan…there should be funds that will not be needed to prolong that war any further ….if you thought that then you would be mistaken…..
House Armed Services Committee voted to increase President Biden’s military budget for 2022 by almost $24 billion.
The effort was led by Republicans who don’t think Biden’s $753 billion request is enough to face China and Russia. The panel passed the $23.9 billion increase in a vote of 42 to 17, with 14 Democrats voting in favor.
In July, the Senate Armed Services Committee passed a similar increase of $25 billion that also had bipartisan support. The budget will ultimately be decided by appropriations bills, but the fact that both House and Senate panels passed such measures means the increase has a good chance of passing.
Biden’s $753 billion budget request breaks down into two categories: $715 billion for the Pentagon and $38 billion for military-related spending for other agencies, such as the Energy Department’s nuclear weapons programs. The panel’s increase would apply to the Pentagon’s share, bringing its total budget to about $740 billion and overall military spending to a whopping $778 billion.
Regardless the defense industry will get their pound of taxpayer flesh….
A look at how this worked in Afghanistan….
Weapons firms and defense contractors consume over half of the Pentagon’s $740 billion budget and the end of the 20-year war in Afghanistan poses a threat for their share-holders and executives.
That concern was laid bare in a new investigative report by In These Times’ Sarah Lazare on CACI International, a Pentagon contractor currently two years into a five-year $907 million contract to provide “intelligence operations and analytics support” for the U.S. Army in Afghanistan. CACI’s CEO warned investors in an August 12 earnings call, “we have about a 2 percent headwind coming into FY 2022 because of Afghanistan,” referring to a negative impact on profits from the withdrawal.
Lazare points out that CACI is a corporate sponsor of the Institute for Study of War, a hawkish think tank whose experts argued in an August 20 paper that “Russia, China, Iran, and Turkey are weighing how to take advantage of the United States’ hurried withdrawal.” ISW’s board chair, Jack Keane, a former General Dynamics board member and current chairman of Humvee manufacturer AM General, has been making the rounds of Fox News shows, blasting the Biden administration’s decision to withdraw from Afghanistan.
ISW has not disclosed the financial conflict of interest between its criticisms of Biden’s withdrawal and its corporate sponsor’s financial ties to the U.S. troop presence in Afghanistan. Fox News does not disclose Keane’s role as chairman of a Pentagon contractor or ISW’s funding from defense contractors including CACI and General Dynamics.
As Yogi once said…”It ain’t over ’til it’s over”
New enemies will magical appear and the funds will follow the BS.
We cannot depend on Dems for sanity in defense spending for they are owned as much as the GOP by defense industry….
By a 42-17 vote on Wednesday, 14 Democrats joined with Republicans on the House Armed Services Committee to add nearly $25 billion to the 2022 defense budget, Politico’s Connor O’Brien reported. That brings the total in Pentagon spending to $740 billion, up from the $715 billion that had been requested by the White House.
For 20 years this country pissed away trillions on war….
Brown University’s Costs of War Project released a new report Monday detailing post-9/11 spending by the Pentagon. The study found that of the over $14 trillion spent by the Pentagon since the start of the war in Afghanistan, one-third to one-half went to private military contractors.
The report, authored by William Hartung of the Center for International Policy, said $4.4 trillion of the total spending went towards weapons procurement and research and development, a category that directly benefits corporate military contractors. Private contractors are also paid through other funds, like operations and maintenance, but those numbers are harder to determine.
Out of the $4.4 trillion, the top five US weapons makers — Lockheed Martin, Boeing, General Dynamics, Raytheon, and Northrop Grumman — received $2.2 trillion, almost half. To put these huge numbers into perspective, the report pointed out that in the 2020 fiscal year, Lockheed Martin received $75 billion in Pentagon contracts, compared to the combined $44 billion budget for the State Department and USAID that same year.
They, Dems, can cooperate with the GOP on war but not on the needs of the people of this country.
Can you now see why I have no use for Dems….they are worthless and gutless.
I still hold that we need new thinking in our foreign policy apparatus.
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