While Democrats don’t often concern themselves with too much
government spending, the one place you often see consternation is
in defense spending. As a percentage of federal spending, defense
has constituted around 20 percent of total spending, and is one of
the largest (often the largest) single categorical source
of spending.
Regardless, we conservatives typically apologize for bloated
military spending, because we think that national defense is a more
legitimate function of government than the provision of a social
safety net. Nevertheless, the deficit-cutting “Supercommittee” was
set up so that, if they cannot come to a compromise plan, spending
gets cut across the board, including significant defense-spending
cuts. And as the supercommittee barrels towards failure, Leon
Panetta, President Obama’s Secretary of Defense, is
worried about the cuts his department faces.
With Congress’ supercommittee stymied, Defense
Secretary Leon Panetta warned Thursday of a “paper tiger” Pentagon
if the panel fails to agree on a deficit-reduction plan and
automatic spending cuts take effect as a result beginning in
2013.
The supercommittee has until Nov. 23 to agree on a
deficit-reduction package of at least $1.2 trillion over a decade.
Any amount less than that would be made up in across-the-board cuts
divided evenly between defense and domestic programs. If the
committee failed entirely, according to estimates by the
Congressional Budget Office, the Pentagon would have about $450
billion less to spend over the next 10 years than current
projections, leaving it with nearly $600 billion at its disposal in
2021.
Considering that the debt-ceiling agreement signed by President
Obama put Sec. Panetta in this situation in the first place, one
has to imagine that most Democrats aren’t actually troubled by the
defense cuts facing DoD. And Republicans made the deal as well. The
choices for the Supercommittee - made by leadership of both parties
in Congress - were clearly made without nods to compromise. The
failure of the Supercommittee to come up with a compromise plan is
likely to lead to pretty deep defense cuts - something that both
Leon Panetta and Republicans will have to deal with.