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Title: Pentagon's weapon spending surges to $1.6 trillion in 2007
Source:
www.chinaview.cn
URL Source: http://news.xinhuanet.com/english/2008-04/02/content_7901086.htm
Published: Apr 3, 2008
Author: Staff
Post Date: 2008-04-03 22:38:22 by richard9151
Keywords: None
Views: 108
Comments: 7
2008-04-02 05:38:53 WASHINGTON, April 1 (Xinhua) -- The U.S. Defense Department's spending on weapon systems has surged to 1.6 trillion dollars in 2007, doubling from 790 billion dollars in 2000, said a congressional report released on Tuesday. According to the report by the Government Accountability Office(GAO), the acquisition costs were 26 percent higher than the original estimates in 2007, and the spending on research and development were 40 percent over the budget. Despite the higher-than-budget cost, about 72 programs were still falling behind schedule by averagely 21 months, including fighter jets, combat ships and satellites, the sixth annual report on the Pentagon's weapon programs. However, the Defense Department, whose personnel and budgets have been strained by the Iraq war and Afghanistan war, still plans to invest about 900 million dollars over the next five years in weapon systems' development and procurement, it added. Gene Dodaro, the GAO's acting comptroller general, accused the defense budgets "spent inefficiently in developing and procuring weapon systems" of compromising "many other internal and external budget priorities." "These inefficiencies also often result in the delivery of less capability than initially planned, either in the form of fewer quantities or delayed delivery to the warfighter," he said. In response, the Pentagon said in a statement that the department would make an informed comment after reading the report.
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#1. To: richard9151 (#0)
that's not chump change
'Individuals should not take responsibility for their own defense. That’s what the police are for. ... If I oppose individuals defending themselves, I have to support police defending them. I have to support a police state.”' Alan Dershowitz
The purchasing power of the Buck has been halved ... it just looks like a doubling in spending. "It's the inflation stupid" !
Guns don't kill people ... Governments do
That's exactly what it is ... the dollar has been reduced to "CHUMP CHANGE" and no one wants any of it.
Guns don't kill people ... Governments do
So, they are just spending the same amount.
'Individuals should not take responsibility for their own defense. That’s what the police are for. ... If I oppose individuals defending themselves, I have to support police defending them. I have to support a police state.”' Alan Dershowitz
That was really good! That went right over my head! Of course, you are correct!
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest. ++++++++++ Attention, Shrub; A life of evil is ultimately a life of wretchedness.
You're so perceptive ... and nice too !
Guns don't kill people ... the Governments we finance thru taxes do
One hundred million in the 1900's. Or more. Bout time we woke up.
"Satan / Cheney in "08" 1.6 trillion dollars in 2007, doubling from 790 billion dollars in 2000,
#2. To: richard9151 (#0)
The U.S. Defense Department's spending on weapon systems has surged to 1.6 trillion dollars in 2007, doubling from 790 billion dollars in 2000, said a congressional report released on Tuesday.
#3. To: robin (#1)
that's not chump change
#4. To: noone222 (#3)
#5. To: noone222 (#2)
The purchasing power of the Buck has been halved ... it just looks like a doubling in spending. "It's the inflation stupid" !
#6. To: richard9151 (#5)
#7. To: noone222 (#2)
Guns don't kill people ... Governments do
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