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By making smart, strategic decisions about future national security requirements policymakers can ensure that our military is strong and that we are prepared to defend our nation from threats while also avoiding potential waste of precious national resources
The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
During the 2012 presidential debates, voters concerned with our nation's growing debt and deficits must listen closely for how the candidates' foreign policy plans will influence America's long-term fiscal path and national security.
During the final debates, it's up to us to pay attention to how our presidential candidates’ plans could impact America's future. While the budget and economy were already major topics, the upcoming debates will highlight national security and a range of other issues — both foreign and domestic — that also have implications for our long-term fiscal health.
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
Our fiscal goal must be to stabilize the debt as a share of the economy, and put it on a downward path for the longer term.
Admiral Michael G. Mullen began by making a strong connection between our national security and fiscal health, saying that our debt is an issue that requires a “sense of urgency … and we really need fix it very, very quickly” as a fundamental part of ensuring our strength at home and abroad.
Economists generally agree that public investment in infrastructure has a positive effect on productivity, and therefore on gross domestic product.