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updated Fri. August 22, 2014

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This explosion of debt has crowded out spending on needed priorities such as military spending, which is the first and foremost responsibility of the federal government.
In any event, there's no secret that our country sports the largest military budget in the world. Indeed, we spend so much on warfare - what we prefer to call Defense - no one knows for sure what the numbers actually are.

And will the crisis prompt a rethink on the wisdom of paring back military spending in Europe? Will EUrope's leaders show a new realism next week when they consider who should represent the EU on foreign affairs?
In a separate letter published in the Telegraph - penned by Andrew Roberts and Sir Michael - the Lobbyists called on the British government to show leadership in Europe and increase military spending to "implement an updated strategy, which takes full ...
Warsaw is also building up its own military capacity: The country is already one of the top defense spenders in the region, devoting 1.95 percent of GDP to military spending. Now, the country is promising to reach the Atlantic alliance's formal goal of ...
The growing importance of this program was also evident from the recently announced June quarter results, in which despite weak U.S.

... 1922, to parents Matterson and Effie (Brown) Jude, is a World War II veteran and traveled extensively during his tour in the military, spending time in Fort Campbell, Kentucky; Fort MacArthur in San Pedro, California; as well as England, France and ...
What is wrong with our military budget when we can afford to give away usable weapons and equipment? Why can't the Pentagon order fewer vehicles and guns so the federal grants that would fund patrol car cameras could be more substantial?
FAYETTEVILLE, North Carolina - A union that represents civilian workers at Fort Bragg is asking the congressional delegation to fight potential budget cuts.
There is considerable variation amongst the Southeast (SE) Asian nations in the rates of increase of their military spending, and so are the reasons for it. The countries with the largest increases in military spending in recent years in SE Asia are ...
The Czech Republic's constructive role in world affairs and security challenges around the globe has come despite a military budget has been creeping downwards for years. Until last year, it was only slightly over 1 percent of GDP. In the recent past ...
Cambodia and Thailand are not parties to these territorial disputes, and other countries in the region, such as Malaysia, Singapore and Taiwan have made only very modest increases in their military spending in recent years, the expert added.
The Czech Republic's constructive role in world affairs and security challenges around the globe has come despite a military budget has been creeping downwards for years. Until last year, it was only slightly over 1 percent of GDP. In the recent past ...
police violence in the United States should not surprise anyone. In Ferguson, Missouri, we have witnessed the use against US citizens of Iraq-tested war technologies.
For liberals who consider Clinton suspect on military matters, Sanders voted against the most recent defense spending bill, saying it was another "bloated military budget." Warren, who represents a state with six military bases, voted for it. Sanders ...
Cambodia and Thailand are not parties to these territorial disputes, and other countries in the region, such as Malaysia, Singapore and Taiwan have made only very modest increases in their military spending in recent years, the expert added.
The biennial air show, which was not held as planned in 2013 due to military budget cuts, has been a popular draw at Rochester's airport for years.

WASHINGTON, D.C. (NEWSCHANNEL 3) - A proposed military budget worth more than a half-trillion dollars recently passed the Senate, but there are more hurdles.
Department of defense budget cuts also hurt the state, which relies heavily on military spending. In Hampton Roads, 42 percent of the gross regional product depends on it, McAuliffe said.
"If you are a politician and you want to carve out money for your district, the best place to do that is the military budget," said Schweizer, with the government Accountability Institute. Countless stories have been done on tanks, planes, ... Some ...
(Numbers adjusted for inflation.) Even within the military budget, the allocation of funds does not help the Ukrainian armed forces to modernize, says Konrad Muzyka, a Europe and Commonwealth Of Independent States armed forces analyst with IHS Jane's.
With regional military spending forecast to rise to US$40 billion in 2016, 10 percent above last year's level, some countries are already developing their own exports.
According to the Stockholm International Peace Research Institute (SIPRI), global military spending last year was about $1.75 trillion, with the top 15 nations accounting for about $1.4 trillion of that.
Southeast Asia's military spending grew 5 percent, to $35.9 billion, in 2013, data from the Stockholm International Peace Research Institute showed, and is expected to rise to $40 billion by 2016.
The Boeing Company (BA) announced yesterday it will further slash costs at its defense unit in a move to downsize the business amid the government's military budget cuts. Boeing had already announced earlier this year that it will look to reduce ...
Mark Haim sets paper bags with candles inside them afloat on the lake at Stephens Lake Park on Saturday after an event at the park's Gordon Shelter.
In 2013, American military spending totaled about $718 billion, and the U.S. spends more on war and defense than the next eight nations combined, easily dwarfing the military budgets of countries like China and Russia. military spending is also the ...
DORSET-based defence giant Cobham has signalled its fightback against military spending cuts by forecasting a return to revenues growth by next year.
London: British aircraft parts supplier Meggitt lowered its full-year expectations for organic revenue growth due to bigger than expected declines in U.S.
Moscow, August 4 (RIA Novosti) - The Russian Foreign Ministry said on Monday that NATO has revived its 'Cold War'-type propaganda against Moscow to justify the alliance's military buildup and defense spending.
Tokyo's paper, which noted that China's military budget had quadrupled over the past decade, said Japan was seeing an "increasingly severe" security environment.
The newspaper goes on to say, "These companies have benefited tremendously from the growth in military spending in the U.S.
Gov. Terry McAuliffe said Friday that "Virginia stands at an economic crossroads," as the state prepares to make potentially deeper revenue cuts than the $1.55 billion already earmarked in the current two-year budget.
Gov. Terry McAuliffe said Friday that "Virginia stands at an economic crossroads," as the state prepares to make potentially deeper revenue cuts than the $1.55 billion already earmarked in the current two-year budget.
Gov. Terry McAuliffe said Friday that "Virginia stands at an economic crossroads," as the state prepares to make potentially deeper revenue cuts than the $1.55 billion already earmarked in the current two-year budget.
Ukraine increases military spending. [ 31 July 2014 17:00 ]. Baku. Rufet Ahmadzadeh - APA. The Verkhovna Rada has made amendments to the state budget in order to increase military spending. Prime Minister Arseniy Yatsenyuk's draft law was approved ...
Ukraine crisis: How Europe's military spending has been outstripped by Russia, in charts. In the last few years, Russia has hugely increased its defence spending, while the main European powers have flatlined, as these charts show.
Lockheed Martin's (nyse:LMT) second quarter earnings rose by 5% annually to $2.76 per share as higher F-35 production volume and reversal of pension expenses outweighed weak U.S.
World's Top 5 countries by military spending. The incessant violence in the Middle East and the escalating tensions in the Ukraine-Russia region have turned the spotlight on the military might of countries.
Yatsenyuk orders drafting of military spending plan until end of 2014. Print version. July 23, 2014, 3:41 p.m. | Ukraine - by Interfax-Ukraine.
About 6% of Israel's $242bn GDP goes on military spending. That puts it fourth behind Oman (11.5%), Saudi Arabia (9%) and Afghanistan (6.2%) in the World Bank's world ranking of military spending. The US spends 3.8% of GDP on military. Britain spends ...
Lawmakers warn President Obama is shortchanging the military by calling it into action at the U.S. border without providing a boost in funding.
Based on SIPRI's 2013 data, these are the countries with the largest military budgets. According to Dr. Sam ... In other countries - especially those where military spending was on the rise - military budgets were dependent on a number of factors. A ...
Hike in military spending for the new year is just a tip of the iceberg as India has elaborate plans to modernize its armed forces through procurement of arms and equipment worth billions of dollars from different Western sources, a beeline of which is ...
Asia's top aerospace and defence show opens on February 11 in Singapore with major global arms makers seeking to cash in on rising military spending as territorial disputes escalate in the region. AFP PHOTO / ROSLAN RAHMAN (Photo credit should read ...
The country's current military budget is almost 50 billion rupees more than what the previous government agreed in an interim budget earlier this year.
finance Minister Arun Jaitley set the military budget at $38.35 billion (2.29 trillion Indian rupees) for 2014-15, 50 billion rupees more than what the previous government agreed to in an interim budget earlier this year.
Although arms expenditure has actually increased in much of the world, military spending in the United States - which still accounted for 37% of total global military spending in 2013 - has declined in recent years. ... Based on SIPRI's 2013 data ...
BRATISLAVA, July 7 (Xinhua) -- Slovak President Andrej Kiska met officials from the Defense Ministry for the first time on Monday and as commander-in-chief received a detailed outlook of the state of the army and its plans for the future, informed the ...
The scarred street and neighborhood bustled during the hey-day of the Naval Shipyard, which was shut down in the mid-90s when Congress sought to scale back the military budget by closing bases. Today, storefront Churches line the street as it cuts ...


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