The 2005 U.S. defense budget: In line with defense transformation?
Benjamin Schreer
No 15/2004, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs
Abstract:
Apart from minor changes, Congress approved the Bush Administration's proposal for the 2005 defense budget at the end of July. Spending on national defense will increase for the seventh year running, amounting to $417.5 billion for the coming year in regular appropriations plus $25 billion for military operations in Iraq and Afghanistan. Is the money well spent for defense transformation? Are the lessons of the most recent conflicts reflected in budgetary planning? (SWP Comments / SWP)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:152004
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