Despite the fact that Barack Obama has increased military spending beyond its peak during the Bush years, Republican candidate Mitt Romney would see it raise more than 60% over Obama’s projections.
Anya Barry at Focal Points writes:
That would put baseline spending alone, which excludes the war budget, the military programs of the CIA and State Department, and other military contingencies, at $608 billion. Obama has proposed a defense budget of $525 billion for FY 2011. Over the next ten years, Romney’s military spending plan—in comparison to Obama’s—would total at least 61% higher, according to research conducted by the Cato Institute.
And while Romney has advocated for decreasing the size of the Federal Budget, it he has not specified what sectors would be cut under his Administration, citing only that he would cut 20% of overall government spending. A 20% overall reduction amidst a substantial increase in military spending would certainly translate into massive cuts to social programs that Republicans in Congress have already targeted.