• [ network ]
  • goatmatrix.net
  • gvid.tv
  • img.gvid.tv
  • games.gvid.tv
  • apps.gvid.tv
HomeUploadUpload URLHotlinkRandomAbouttheme toggle
Expand

Pentagon Slush Fund is Draining the Economy and Militarizing Foreign Policy

Views:1045
@ReasonVids

Late last year, congress authorized $514 billion in baseline defense spending for fiscal year 2016. However, on top of the baseline budget, another $59 billion was authorized for the war budget, also known as the Overseas Contingency Operations (OCO) fund. These budgets combined give the pentagon a total of $573 billion to spend this fiscal year.

However, the Pentagon is the only government agency that benefits from having two separate budgets. While the OCO budget is theoretically to be used for wartime needs only, Gordon Adams, emeritus professor of international politics at American University, tells Reason TV that this second budget is ruining fiscal responsibility at the pentagon.

"Pentagon civil servants and admirals and generals are no more stupid than anybody else. They figured out over time that this was great," says Adams, "if they could not get some of the stuff they wanted in the regular budget, well they put it in the extra budget." For instance, OCO spent about $300 million dollars for new propellers for nuclear submarines -- a cost that probably did not help the war efforts in Iraq and Afghanistan. Studies by the Center for Strategic and Budgetary Assessments and the Project on Government Oversight indicates that approximately $30 billion was spent on non-war related items from the OCO budget in 2014.

"OCO completely destroys budget discipline," says Gordon, "saying 'there's always more money' simply conveys the message to the department 'you don't have to make choices, you can always find a way to raise money for the things you want to do."

Gordon sat down with Reason TV's Nick Gillespie to discuss how OCO has led to fiscal irresponsibility at the Pentagon and a more militarized view of foreign policy.

About 10 minutes.

Camera by Amanda Winkler and Joshua Swain. Edited by Winkler. Music by Jingle Punks.

Go to https://reason.com/reasontv/2016/01/05/the-pentagon-slush-fund-how-its-harming for downloadable links and subscribe to ReasonTV's YouTube Channel to receive notification when new material goes live.

free minds
,
free markets
,
reason magazine
    Movie Night
    Thumbnail for Koko the Gorilla has a Message for Gullible People0:37
    Koko the Gorilla has a Message for Gullible People
    ReasonVids
    1111 views
    Thumbnail for The great extinction event. 0:13
    The great extinction event.
    bestofupgoat
    684 views
    Thumbnail for Faking a UFO-gasm10:29
    Faking a UFO-gasm
    bestofupgoat
    595 views
    Thumbnail for The Whitest Kids U'Know Season 5 Episode 422:33
    The Whitest Kids U'Know Season 5 Episode 4
    wkuk.topic
    697 views
    Thumbnail for Investment Options for a Secure Future1:00
    Investment Options for a Secure Future
    savvyfinanceguide
    272 views
    Thumbnail for Biden's handiwork3:28
    Biden's handiwork
    bestofsaidit
    992 views
    Thumbnail for a guy did that?0:23
    a guy did that?
    bestofupgoat
    303 views
    Thumbnail for How the Netherlands outsmarted the ocean with technology 0:29
    How the Netherlands outsmarted the ocean with technology
    bestofupgoat
    120 views
    Thumbnail for 80yo woman ain't got time for no thieving coon0:13
    80yo woman ain't got time for no thieving coon
    bestofupgoat
    282 views
    Thumbnail for Indoor Playground for kids with Giant inflatable Slides | Ryan's World5:56
    Indoor Playground for kids with Giant inflatable Slides | Ryan's World
    Invidious8
    45 views
    Thumbnail for If System of a Down were from India | Tunak Tunak Tun3:46
    If System of a Down were from India | Tunak Tunak Tun
    Invidious8
    40 views
    Thumbnail for Put the mask on your chin or we'll let your asthma attack kill you0:39
    Put the mask on your chin or we'll let your asthma attack kill you
    voatcatbox
    459 views
    Thumbnail for Adam Carolla Uncensored: Legalize Drugs, Cut Taxes, Drive Through Red Lights!14:58
    Adam Carolla Uncensored: Legalize Drugs, Cut Taxes, Drive Through Red Lights!
    ReasonVids3
    1315 views
    Thumbnail for Which car can climb to the highest level in GTA 5? | GrayStillPlays29:20
    Which car can climb to the highest level in GTA 5? | GrayStillPlays
    invidious1
    534 views
    Thumbnail for Country music star Toby Keith dies at 62 | ABC News0:59
    Country music star Toby Keith dies at 62 | ABC News
    Invidious8
    37 views
    Thumbnail for Beating 5 Scam Arcade Games with Science | Mark Rober18:05
    Beating 5 Scam Arcade Games with Science | Mark Rober
    science.topic
    419 views
    Thumbnail for the real deal1:11
    the real deal
    bestofupgoat
    603 views

points

Permalink
Reply
free minds
,
free markets
,
reason magazine
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle