Posted by on October 12, 2021 9:01 pm
Categories: Breaking News Epoch Times News

CBO Details How Pentagon Can Save $1 Trillion

The Congressional Budget Office (CBO) has released a report showing how the Pentagon can cut $1 trillion in spending by tweaking its national defense strategy. The CBO’s Oct. 7 report comes as lawmakers look to boost the Department of Defense budget by five percent, with supporters arguing that doing so is necessary to continue the global war on terror while also pivoting towards great-power conflicts with countries like China and Russia. According to the CBO, Congress can still accomplish its goals and save $1 trillion in the process by making some changes. The CBO provided three options that would save $1 trillion over 10 years compared to current planned spending increases. All three options would reduce the number of active-duty military personnel while leaving the reserve forces intact. The CBO said reserve forces are cheaper to maintain. In Option 1, the active-duty force would shrink by roughly one-fifth. The CBO …

Originally appeared on The Epoch Times

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