The cost of new stimulus checks would leave the DoD’s spending levels about where they were a year before Trump took office.
By Stephen Semler, Responsible Statecraft
The conference version of the 2023 National Defense Authorization Act that passed the House last week demonstrates that the United States has two distinct policy responses to inflation: one for the Pentagon, and one for the public.
Any real or imagined drop in the Pentagon’s buying power is met with more money. Inflation informed President Joe Biden’s requested $31 billion boost from fiscal year 2022 to 2023, and the issue is Congress’s primary justification for upping that proposed increase to $76 billion. If enacted into law, the NDAA will spike military spending to $858 billion in fiscal year 2023 — excluding supplemental funding for Ukraine military aid — putting even peak Cold War-era Pentagon budgets to shame.
The public gets a much different treatment. In inflationary times, Biden and most of Congress think that the Pentagon should get more money and the public should get less. Pandemic relief programs were ended in an ill-fated attempt to curb rising costs. Now nearly two-thirds of Americans are living paycheck to paycheck. For most workers, real wages have failed to keep up with inflation over the past year. While Biden endorsed the NDAA’s historic topline figure, he hasn’t proposed any legislation that would lend the public a hand during a spiraling cost-of-living crisis.
Recent Posts
Jamaal Bowman’s Opponent Is The Top Recipient Of AIPAC Money
May 4, 2024
Take Action Now Here is the most complete, up-to-date view of AIPAC PAC donations to congressional candidates. by Donald Shaw, Sludge As Israel…
“This Militaristic Approach Has Been a Failure”: Meet Hala Rharrit, First U.S. Diplomat to Quit over Gaza
May 3, 2024
Take Action Now The Biden administration’s financial, military and diplomatic backing of Israel’s assault on Gaza has sparked dissent within the U.S.…
Will Southern Autoworkers Reverse Decades Of Union Decline?
May 3, 2024
Take Action Now Automakers rely on non-union plants in the South to drive down wages across the country. A UAW victory in Tennessee and an upcoming…
CNN Airs Outrageous Anti-Palestine Protest Segment
May 3, 2024
Take Action Now This segment from Dana Bash on the Palestine protest movement is one of the most shameful things ever seen on cable news. by Jack…