Win-Win: How Tax Reform Will Help Defense Spending and the Economy

One crucial aspect of the new tax reform bill, unveiled by President Donald Trump and the “Big Six” group of Republican tax negotiators at the end of September, is the potentially positive effect it will have on the US defense budget, which is sorely in need of an increase.

The assertion made by former President Barack Obama during his final State of the Union address in January 2016, that the United States spends “more on our military than the next eight nations combined,” bolstered the belief that America’s national-security needs are beyond being met. However, as a recent Heritage Foundation report reveals, such claims, which have led to the conclusion that the United States allocates an excessive amount to the defense budget, are “disingenuous,” as they “give no consideration to the decisions driving defense spending or the factors contributing to costs across national economies.”

As the Heritage Foundation points out, although “the U.S. military remains the largest and most capable in the world… [t]he security environment in which in which the U.S. military is expected to operate has grown increasingly complex, and national defense resourcing warrants more than a solitary sentence of discussion.”

Source: for MORE

This entry was posted in Articles, Features by OyiaBrown. Bookmark the permalink.

About OyiaBrown

Please send me, as a comment to this page, any old material you have for inclusion in The Daily Joke Alert - to help enable us all to have our fancy tickled regularly! Never mind the state it's in as I tidy everything up prior to publication. Don't let good material go to waste - and so much does. In the interests of the environment we should always try to re-cycle everything, especially jokes. You know that makes sense! You may find some historical stuff here, but this does not really matter as humor is fairly timeless.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s