Senior Fellow and National Security Reform Program Director Dan Grazier and Research Associate Julia Gledhill analyze U.S. defense spending and explain how the Pentagon is creating “a budgetary time bomb set to explode in the next twenty years.” They discuss several examples of failed over-budget weapons acquisition programs and warn that future such fiascos are now in the making, with unsustainable budgetary implications, unless crucial reforms to U.S. defense and foreign policy are made.
Listen to the Power Problems episode at the Cato Institute.
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Originally published by The Cato Institute
Defense Policy & Posture, Defense Policy & Posture
Senior Fellow and National Security Reform Program Director Dan Grazier and Research Associate Julia Gledhill analyze U.S. defense spending and explain how the Pentagon is creating “a budgetary time bomb set to explode in the next twenty years.” They discuss several examples of failed over-budget weapons acquisition programs and warn that future such fiascos are now in the making, with unsustainable budgetary implications, unless crucial reforms to U.S. defense and foreign policy are made.
Listen to the Power Problems episode at the Cato Institute.
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