That’s what many defense experts are saying about the two-year budget deal that’s being cut by congressional leaders and the White House. Byron Callan, longtime analyst for Capital Alpha Partners, which provides research to financial firms, rates the prospective deal as “defense positive.”But this is the soft bigotry of low expectations run amok. In promoting the deal, the Senate Republican Policy Committee explains that the baseline defense budget total for 2016 will be $548 billion and $551 billion for 2017. While that’s well above the “caps” specified by the Budget Control Act – $523 billion for 2016 …read more
Source: American Enterprise Institute for Public Policy Research