Saturday, January 17, 2009
Analysts See Steady U.S. Spending
The core U.S. defense budget is expected to keep growing at 4 percent to 5 percent annually for "the foreseeable future." However, supplemental spending is likely to come down with decreasing troop levels in Iraq...The Obama administration is unlikely to make radical defense spending changes in the near term, but some programs, such as Future Combat Systems and missile defense, could see cuts, and pension expenses might become a bigger problem than previously thought...read more.
at 9:35 AM