Tuesday 10 February 2015

America taking the backseat but its money is doing the talking


http://www.counterpunch.org/2015/02/10/obama-the-war-president/

If you don’t believe me, just look at the US military budget President Obama has proposed for FY2016. At $585.3 billion, it would if approved by Congress represent an increase in spending of $24.9 billion, or about 4%, over the 2015 budget, and that is despite a decline in what, since the Bush/Cheney years, has euphemistically been called Overseas Contingency Operations spending, or spending on actual wars. The proposed OCO budget for 2016 in this “peace” president’s budget is “just” $50.9 billion, down about $13.3 billion from 2015 thanks to what the president, in one whopper offered during his State of the Union address, called the “end of combat” in Afghanistan (that war is actually continuing, with some 12,000 US troops expected to remain stationed in that country indefinitely).
The thing about OCO funding is that it is really not predictive of anything. It could soar way beyond that $50.9-billion level, for example, in a flash if the US follows through and escalates the war in Ukraine — especially if Russian troops are drawn directly into that conflict and the US responds by upping its own involvement.

No comments:

Post a Comment