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House Panel: $1 Trillion Needed To Reboot Military
military.com
WASHINGTON — The ongoing fight in Congress over an $18-billion hike in military spending for 2017 has stalled the budget, but it might be small potatoes.
The price tag to rehabilitate the military after about 15 years of war and relentless overseas operations would be about $1 trillion over a decade, according to the Republican-led House Armed Services Committee.
The committee is spearheading the $18-billion annual increase for more equipment, training and troops. But it is facing a tough political fight with the Senate and Democrats, who oppose busting defense spending caps and raiding the Islamic State war fund to pay for the hike.
A $1 trillion increase would require obliterating spending limits passed by Congress and doling out an average of an additional $100 billion each year on the military through 2027.
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