Rick Perry says the U.S. is at risk because “our spending on defense has declined 21 percent over four years.” But that includes war funding, which has sharply declined now that U.S. combat troops are out of Iraq and leaving Afghanistan.
Defense Secretary Chuck Hagel blames Congress — and absolves President Obama — for the automatic budget cuts known as the sequester. But Obama supported and signed the bill that triggered the cuts.
Q: Is Lockheed Martin going to lay off 123,000 workers because of President Obama’s downsizing of the military?
A: No. Lockheed gave a “very rough” estimate of 10,000 potential layoffs (not 123,000) due to automatic spending cuts triggered by a 2011 bipartisan deficit-reduction bill. Obama and Congress are negotiating to avoid the cuts.
President Obama's claim "that we've already cut" $400 billion in defense spending is misleading. The president was referring to a Defense Department report that identified $178 billion in "efficiencies" over […]
Democratic Sen. Charles E. Schumer of New York exaggerated Defense Secretary Robert Gates’ plan to cut military spending during an exchange with Bob Schieffer on “Face the Nation.” Schumer criticized a […]
Out on the campaign trail, John McCain has been criticizing Barack Obama for proposing cuts in defense spending. But his criticism relies on a potentially misleading quote. And we found […]
Q: What about Ben & Jerry's chart saying 50% of federal spending is military?
A: Not true. The real figure is 19.4%.