He has already called for fiscal discipline, while also arguing for greater infrastructure and military spending.
Government and military spending, policy, treaties, and legislation will become the drivers of this industry.
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In addition to military spending, Bush put in place the Medicare prescription drug entitlement program.
The deal contained no framework for deficit reduction, entitlement reform or systematic reform of military spending.
Numbers don't lie, and our debt and deficits demand a reduction in military spending.
After 10 straight years of increases in U.S. military spending, some softening of demand seems overdue.
As a share of GDP, South Korea's military spending is bigger than China's, Japan's and Brazil's.
Armed conflict is also diverting public funds from education into military spending, the report warns.
There are some in government who think we can choose between military spending and entitlement spending.
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Greece's foreign minister, visiting Ankara, proposed that Greece and Turkey should both cut military spending.
The Depression did not end until increased military spending revived the economy in the spring of 1940.
The shift in military spending from west to east is also affecting the world's biggest western defence contractors.
So missile defense is one mission likely to escape any downturn in military spending, and with good reason.
Today, production lines that can build such trucks are one by one going cold as military spending dries up.
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More ordinary Americans might conclude that they can't have a vibrant domestic economy and unquestioned military spending, Cioffi says.
Democrats thus were able to accumulate seniority that could be used to direct military spending to their dirt-poor districts.
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At issue was whether military spending should be on the table or off.
The good news is that as the overseas deployments wind down, future military spending is set to naturally shrink.
The long history of military spending in the United States begins with the establishment of the War Department, in 1789.
If this is indeed the case, Bush is likely to run into significant Congressional roadblocks getting the military spending approved.
Obama, on the other hand, inherited two ongoing wars and as a result has kept military spending at elevated levels.
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For all these reasons, heedless cuts in military spending have no place in a progressive strategy for restoring fiscal discipline.
Military spending was down a whopping 22 percent in the quarter ending December 2012 as the Pentagon prepared for the sequester.
Given Europe's current mind-set, the U.S. is wasting its time in trying to persuade the Continent to meaningfully boost military spending.
Russia is also looking to profit from military spending increases in foreign countries, as the Wall Street Journal story below indicates.
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Not only is the scale relatively modest, the measures themselves (such as cutting military spending and tightening welfare payments) are sensible.
Mr Pastrana's modest increases in military spending have gone mainly on wages and pensions, according to Alfredo Rangel, a defence analyst.
Wars were relatively rare, and during the prolonged periods of peace between each conflict military spending seldom exceeded 1% of the economy.
Shares fell at temporary power firm, Aggreko, after it warned of lower sales on the back of military spending cuts in Afghanistan.
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