PROTECTING THEIR PROSPERITY
Even though the U.S. military spends more than 6 times that of our next competitor (China), the GOP is still pushing the narrative that any more cuts in spending to the Pentagon’s budget would be “disastrous” and spell “doomsday” for the military. The Hill reports House Armed Services Committee Chairman Buck McKeon (R-Calif) said he’d even be willing to support tax increases before more cuts to the military’s budget. Predictably, 13 freshmen Republicans on McKeon’s panel, many of which are Tea Party darlings, feel “enough is enough” and believe federal spending cuts need to come from entitlement programs.
McKeon said “It’s time to focus our fiscal restraint on the driver of our debt, not the protector of our prosperity.”
In addition to McKeon’s doomsday forecasting, Senator Saxby Chambliss (R-GA) also voiced concerns earlier this month regarding proposed defense spending cuts. In a letter to Defense Secretary Leon Panetta, Chambliss warned that a “draconian budget cutting exercise” towards the F-35 fighter program would risk the United States’ advantage in aerial warfare. At present, the U.S. Has a 20 to 1 advantage in airpower over China, even without the most expensive plane in U.S. History.
Much like the Bank of America CEO who has most of his fortune staked in Bank of America stock and signed 30,000 pink slips to bolster profits, the wolves are in charge of the henhouse when it comes to defense spending. Since 1994, Chambliss received nearly $100,000 in campaign contributions from Lockheed Martin’s PAC or individuals from the company, which is the prime contractor for the F-35. McKeon’s top 4 contributors in his reelection campaign this cycle are companies with big defense contracts, including Lockheed Martin.
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http://www.diatribemedia.com/2011/09/14/protecting-their-prosperity/