What If We Cut The Defense Budget To Give Americans Inflation Relief?

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.