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Spepding, military budget, the cost of reform and personnel pensions. The discussion with fiscal policy and military strategy researchers was hosted by the brookings institute. It is about an hour and 20 minutes. Good morning. Im director of fiscal Monetary Policy here at brookings. I want to welcome everyone to the event today. How much money for defense is enough . This event began with a call i got from someone i respect who said to me simply, how do we decide how much money the u. S. Should spend on defense . I know a little bit about the federal budget but im more comfortable talking abou...

Good morning. I am the director here in brookings but i want to welcome everybody to the event today. How much money for defense is enough . This event began with a call i got from someone i respect he said to me, simply, how do we decide how much money the u. S. Should spend on defense . I know a bit about the federal budget, but i have to confess, im a lot more comfortable talking about things like Social Security, low Income Home Energy assistance programs, the state and local Tax Deduction and about the Defense Budget. So i called michael hamlin, my colleague here, and i put the question t...

I want to welcome everybody to the events today. How much money for the defense is enough . This began with a call i got from someone i respect who said toyo me simply how do we decide how much money the u. S. Should spend. I have to confess im more i ame comfortable talking about things like Social Security, the opportunity and about the defensee budget. I called my colleague here at brookings and i put the question to him how much should the u. S. Spend on defense and he said funny you asked i just finished an answer to that question so here we are and you can read all 20,000 words on the we...

I want to welcome everybody to the events today. How much money for the defense is enough . This began with a call i got from someone i respect who said toyo me simply how do we decide how much money the u. S. Should spend. I have to confess im more i ame comfortable talking about things like Social Security, the opportunity and about the defensee budget. I called my colleague here at brookings and i put the question to him how much should the u. S. Spend on defense and he said funny you asked i just finished an answer to that question so here we are and you can read all 20,000 words on the we...

I want to welcome everybody to the events today. How much money for the defense is enough . This began with a call i got from someone i respect who said toyo me simply how do we decide how much money the u. S. Should spend. I have to confess im more i ame comfortable talking about things like Social Security, the opportunity and about the defensee budget. I called my colleague here at brookings and i put the question to him how much should the u. S. Spend on defense and he said funny you asked i just finished an answer to that question so here we are and you can read all 20,000 words on the we...