3 ms·
The present administration isn't really planning to cut military spending, they just want to redirect it. $4B of military aid was recently approved for another
by whatshisface 2y ago
The present administration isn't really planning to cut military spending, they just want to redirect it. $4B of military aid was recently approved for another country.
Here's the budgetary outlook: You'll notice that defense spending is projected to have a slight increase in real terms, or a slight (0.1%) decrease in terms of fraction of GDP.
https://www.cbo.gov/publication/61172 https://www.cbo.gov/publication/61172
- Jtsummers 2y agoYep. DOD spending is likely to shift, but not be reduced. The major firms are probably going to see some contracts cut or tougher competition from the likes of Anduril in certain domains. DOD spending in IT-related efforts may also shift, Palantir will be a major contender here.