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National Debt

Bigger Debt Means Smaller Budgets (But We Need More Shipyards): DoD Officials

Posted by Paul McLeary on

NEWPORT NEWS, Va. (Jan. 26, 2013) Huntington Ingalls Industries celebrated significant progress today as the 555-metric ton island was lowered onto the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78) at the company's Newport News Shipbuilding (NNS) division. The 60-foot long, 30-foot wide island was the 452nd lift of the nearly 500 total lifts needed to complete the aircraft carrier. (U.S. Navy photo courtesy Huntington Ingalls Industries/Released)

Even as one official warned that budget pressures would squeeze the budget, another said the nation must expand the defense industrial base to build a 355-ship Navy.

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Trouble For Trump: Fixing Sequester, DoD Budget May Be A ‘Bloodbath’

Posted by Sydney J. Freedberg Jr. on

Sydney J. Freedberg Jr. photo

SIMI VALLEY, CALIF.: “I don’t how we buy it back without a real bloodbath,” said Sen. Lindsey Graham. “It” is the $500 billion, 10-year cut to defense spending imposed by the Budget Control Act of 2011, popularly (mis)called sequestration. Graham, one of Donald Trump’s harshest critics in the GOP, is not alone in thinking the… Keep reading →

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Cut Defense Spending? Good Idea – But Sequestration’s Not The Way

Posted by Pete Hegseth on

Pete Hegseth, an Army National Guard infantry officer who has served tours in Iraq, Afghanistan, and Guantanamo Bay, is a member of Concerned Veterans for America. Is it time for major cuts in U.S. defense spending? According to at least one recent poll, a staggering 76 percent of Americans surveyed believe the answer is “yes.”… Keep reading →

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