The Not So Big Defense Budget

By Michael Goldfarb

Published February 4, 2008 8:51pm ET

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The Not So Big Defense Budget — A couple of things to note about the new defense budget, which comes in at $500 billion and change. The New York Times says: If it is approved in full, annual military spending, when adjusted for inflation, will have reached its highest level since World War II. This is misleading–annual military spending, when adjusted for […]

A couple of things to note about the new defense budget, which comes in at $500 billion and change. The New York Times says:

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