Article Abstract:
The US House Budget Committee recommend controlling military outlays that have soared significantly between 2000 and 2005. Analyst Steven Kosiak of the Center for Strategic and Budgetary Assessments supplies numbers that suggest defense spending is high contravening US Secretary of State, while Donald Rumsfeld and other lawmakers deny this status.
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Article Abstract:
Rep. Duncan Hunter and other leading Washington officials feel it is time to increase the total amount spent on defense. However, some critics have objected to the rise of defense spending from less than $300 billion in fiscal 2001 to more than $500 billion in the upcoming fiscal year ending September 2007.
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Article Abstract:
Adm. Vern Clark, chief of naval operations revealed that by eliminating more than 25,000 personnel slots, the U.S. Navy could save about $3 billion annually. Clark observes increasing personnel costs as one of the main problems, having estimated to about $104.8 billion for fiscal 2005.
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