Cutting Defense to Save the Economy
Michael D. Tanner, CATO Institute | September 15, 2011
As the bipartisan "supercommittee" prepares to find ways to cut the deficit by $1.5 trillion, Democrats are proposing tax increases for America's highest earners. ++ Instead of raising taxes, legislators should focus on cutting US defense spending. ++ The national debt cannot be reduced without making serious cuts to the US defense budget. ++ National security depends more on a healthy economy rather than a large military force. ++ If Republicans are serious about cutting spending across the board, defense expenditures should be the place to start.
