Tuesday, December 16, 2008

Here come the Defence Spending Cuts

Wasteful Spending and Defense Budget Cuts [Gregory S. McNeal]

Two stories of interest. The first is Rep. John Murtha's argument that defense spending will need to take a hit so the nation can focus on "infrastructure, health care, education and the retirement of the baby boom generation."

Meanwhile, Sen. Tom Coburn released a report detailing $1.3 billion in wasteful spending, a "fraction of the $385 billion" in waste elsewhere in the government. Some choice examples:

• $188,000 for the Lobster Institute in Maine, home of the “Lobster Cam”
• $1 million for bike paths on Louisiana levees while levees await basic repairs
• $2.4 million for a retractable shade canopy at a park in West Virginia
• $24.6 million for the National Park Service’s 100th year birthday in 2016 — 8 years early
• $3.2 million on a blimp the Pentagon does not want
• $5 million for a bridge to a zoo parking lot in St. Louis
• $300,000 for specialty potatoes for high-end restaurants

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