About Government Industry

BNET Government provides daily industry trends and global news coverage with insights for managers and executives within the world wide business of government contracting. We analyze new and interesting contract awards, government policy changes, and the trends in procurements and spending. There will also be discussions of the sector with a focus on small and innovative companies and business lines. The world's governments spend billions each year on a variety of hardware and services and the site will discuss how the money is being allocated.

Obama and Defense Spending

By Matthew Potter | Dec 29, 2008

If you read the newspapers and the web you will find all sorts of advice for the incoming Obama Administration on defense spending. Some as in this story in the Fort Worth Star Telegram are stressing continuing large procurement programs to keep people employed. Others as in this column in the New York Times want him to reduce and make the defense budget ore efficient. The key player of course is Congress. Will they allow the Administration to reduce spending on projects that they feel is key to their districts? Will Obama be able to reign in earmarks like he obviously wants if reports like this are to be believed? All Federal budgets are compromises between the President and Congress so unless Congress gets on board there will be earmarks in the budget. Also how much political capital does Obama have to cut the defense budget when the war in Afghanistan and Iraq continue? He has promised to expand the effort in Afghanistan and that may take more money. So there is obviously nothing set in stone about what the new President can or wants to do.

Matthew Potter works supporting US Army aviation programs. He holds degrees in history as well as studying at the Defense Acquisition University. He has written for Seeking Alpha and at his own website, Defense Procurement News.

BNET User Analysis

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here