Contractors Cash In As Congress Adds Billions To Pentagon Budget
Congress has spoken when it comes to next year’s Pentagon budget and the results, if they weren’t so in line with past practices, should astonish us all. The House of Representatives voted to add $37 billion and the Senate $45 billion to the administration’s already humongous request for “national defense,” a staggering figure that includes both the Pentagon budget and work on nuclear weapons at the Department of Energy. If enacted, the Senate’s sum would push spending on the military to at least $850 billion annually, far more — adjusted for inflation — than at the height of the Korean or Vietnam wars or the peak years of the Cold War.
U.S. military spending is, of course, astronomically high — more than that of the next nine countries combined. Here’s the kicker, though: the Pentagon (an institution that has never passed a comprehensive financial audit) doesn’t even ask for all those yearly spending increases in its budget requests to Congress.