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IPFS News Link • Ron Paul Says...

Overspending on National Security Threatens National Security

• by Ron Paul
 

The administration recently released its 2013 budget proposal, and conservatives are correctly alarmed that it calls for unprecedented spending and continued annual deficits exceeding $1 trillion. But the same conservatives complain that the budget does not devote enough funds to overseas adventurism.

I continue to be dismayed that in spite of our economic problems, most of those who call themselves fiscal conservatives refuse to consider any reductions in military spending. Doug Bandow of the Cato Institute very aptly addresses this in his recent article for the American Conservative entitled "Attack of the Pork Hawks." He points out that conservatives are using a tired liberal argument to defend the bloated military budget: Namely, that more spending equals better results. The federal education morass is merely one example that clearly disproves this.