$1 Billion Military Jobless Program Unfazed by Budget Cuts
Even as it faces budget cuts and forced employee furloughs, the Pentagon spends nearly a $1 billion a year on jobless benefits for veterans who left the military voluntarily.
Even as it faces budget cuts and forced employee furloughs, the Pentagon spends nearly a $1 billion a year on jobless benefits for veterans who left the military voluntarily.
America is $15.5 trillion dollars in the red. So why is the Pentagon buying military hardware that no one wants or needs?
Aerospace is an intensely nationalist business. But not only do aircraft makers get tied up in international political dogfights, such battle lines are drawn between states as well. Witness the just-completed competition between blue state Boeing and red state Airbus.
The Tea Party says everything is on the table regarding its goal to cut federal spending and balance the budget -- including defense spending. If the political faction succeeds in cutting military spending, not only would the U.S. economy benefit, national security could well be strengthened.
About 1.5 million of nearly 22 million troops who have served are women. But recent military conflicts, including those in Iraq and Afghanistan, show that upon returning home, female veterans don't always get the support they need to reintegrate into society.
According to the Defense Intelligence Agency, new memoir by a former DIA intelligence officer could "cause serious damage to national security." Now the agency is considering buying all 10,000 copies of the book in print and destroying them.
Boeing is expected to submit a bid for a $35 billion Air Force tanker contract today, as tensions build over subsidies to its rival, the European Aeronautic Defense and Space Company.









