Topic: Gordon Adams
Defense expenditures amount to nearly 5 percent of US GDP -- well above the less than 2 percent of GDP spent by such allies as Canada, Germany and Britain. Analysts predict the US will have to cut military spending significantly in the next few years.
Historically vulnerable cities like New York claim they need more anti-terrorism funds. After Faisal Shahzad's attempted Times Square bombing, will the Department of Homeland Security agree?
It will cost an additional $30 billion a year. Some antiwar Democrats in Congress talk of a 'war tax,' but the most likely option to fund Obama's Afghanistan war plan is to keep borrowing.
Funding for war in Afghanistan will eclipse Iraq for the first time in next year's budget.