Scary budget scenarios are flying over Virginia faster than F-15s over Afghanistan, but fiscal analysts say Chicken Little defenses are pointless, and off target.
“There is no doubt some communities will be hit by sequestration (cuts). But the Pentagon is making things worse for themselves,” said Veronique de Rugy, senior research fellow at the Mercatus Center at George Mason University.
“The military has had a year and a half to plan but continued to fight the fight for more spending. With the exception of 2014, defense outlays will be over $500 billion every year, not counting war spending,” de Rugy told Watchdog.org.
Source: Watchdog.org. Read full article. (link)