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The China SyndromeOn February 4, President Bush announced a baseline military budget of $515.4 billion for the next fiscal year, not including funds for operations in Iraq and Afghanistan. This is the largest one-year Pentagon request in real, uninflated dollars since World War II. This Fiscal Year (FY) 2009 figure represents a 7.5% increase over the 2008 appropriation of $479.5 billion and is expected to be the first of many rising requests supposedly needed to replace equipment lost and damaged in Iraq and to gear up for the security threats to come. As Chairman of the Joint Chiefs of Staff Adm. | |
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