5min chapter

Net Assessment cover image

Paying the Costs of Competition

Net Assessment

CHAPTER

The Race to the Bottom in Defense Financing

CNN's John Defterios and AEI's Zachary Smith say the U.S. can't afford to spend $1.6 trillion a year on defense. The administration is in a tough spot because of persistent inflation, they say. They're also concerned about our inability to recruit more people for military services. Writers: If you gave me $800 billion I could prevent Chinese Communist Party from gaining control of Taiwan.

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