Key Republican calls for ‘generational’ increase in defense spending to counter U.S. adversaries

By Stephen Groves, Associated PressIn this March 27, 2008, file photo, the Pentagon is seen in this aerial view in Washington.

The plan lays down a significant marker for Senate Republicans as they enter into a new round of budget fights with Democrats in the heat of a closely fought election year. The White House has proposed $850 billion in defense spending, adhering to the debt limit deal by proposing a 1% increase from the previous year. That plan is unlikely to keep pace with inflation and would seek to reduce the military’s costs by retiring older ships and aircraft.

While GOP defense hawks have long advocated for robust defense spending, Wicker’s plan goes a step further, calling for a broad shift in the U.S. defense posture that would amount to a reshuffling of national priorities. Under his proposal, the military would eventually consume 5% of America’s gross domestic product, or total economic output.

Closer ties between China and Russia were underscored earlier this month by a visit between leaders Vladimir Putin and Xi Jinping. The two-day visit — Putin’s first trip abroad after being inaugurated to a fifth term in office — reflected a growing partnership between the two nations, an alliance grounded in support for authoritarian regimes and dominance in their respective regions.

The House Armed Services Committee this month approved with near-unanimous support an $884 billion proposal for the annual defense authorization bill, keeping within the spending caps but shifting funding towards specific military programs. Yet Senate Democrats are likely to resist further spending cuts to other government programs.

Source: Loan Digest (loandigest.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Key Republican calls for 'generational' increase in defense spendingThe top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense
Source: ABC - 🏆 471. / 51 Read more »

Key Republican calls for 'generational' increase in defense spending to counter US adversariesThe top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense.
Source: wjxt4 - 🏆 246. / 63 Read more »

Key Republican calls for 'generational' increase in defense spending to counter US adversariesThe top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense
Source: sdut - 🏆 5. / 95 Read more »

Key Republican calls for 'generational' increase in defense spending to counter US adversariesThe top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense. Sen. Roger Wicker, a Mississippi Republican, says aggressive and significant spending increases are necessary to deter coordinated threats from U.S. adversaries like Russia, Iran and China.
Source: AP - 🏆 728. / 51 Read more »

Key Republican calls for 'generational' increase in defense spending to counter US adversariesThe top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense.
Source: ksatnews - 🏆 442. / 53 Read more »

California Pushes Forward on Slavery Reparations'If you can inherit generational wealth, you can inherit generational debt,' State Sen. Steven Bradford said.
Source: Newsweek - 🏆 468. / 52 Read more »