The U.S. government spends more on its military each year than any other nation by far, but it will be a restrained Department of Defense (DOD) that presents itself at this year’s Paris Air Show. That’s because a previously obscure fiscal mechanism known as “sequestration” requires the DOD to cut $41 billion, or roughly 8 percent of its $527 billion base budget, by September 30, the end of the fiscal year on the government’s calendar.
China broke into the ranks of the five largest arms exporting countries for the first time since the end of the Cold War, displacing the UK in the volume of arms deliveries, according to a report by the Stockholm International Peace Research Institute (Sipri). The UK dropped from the list for the first time since at least 1950, the Swedish institute said.
Have you ever heard the comments about Washington, D.C., being a merry-go-round or the suggestion that reality stops at the Beltway? There’s a host of such jabs aimed at the decisions that flow from the nation’s capital. I think we all have complained about some of the decisions from Washington in general or the DOT/FAA in particular. I have no intention of trying to defend some of the decisions that seem disconnected from reality.