Defending Defense: Setting the Record Straight on U.S. Military Spending Requirements
Since the end of the Cold War, administrations of both political parties have underfunded the military, first harvesting a “peace dividend” by reducing the size of the force and then repeatedly postponing investments needed to replace worn out equipment and preserve the technological advantages that have been a traditional source of American strength. Now, just as this strain on the military—engaged in today’s persistent irregular wars, yet unable to prepare fully for the wars of the future—reaches a point of crisis, come new calls to cut the Defense Department’s budget, amplified ...
Source: heritage.org