Every $1 Billion In Defense Outlays Sustains 6,500 Jobs Across Nation Legislation saying that defense spending couldn't fall to less than 4 percent of U.S. economic output was unveiled by Rep. Trent Franks (R-Ariz.), a member of the House Armed Services Committee, and Sen. James Inhofe (R-Okla.), a member of the Senate Armed Services Committee. The joint resolution was submitted as President Obama is reconsidering the justification for many defense programs, including weapons platforms, and some Democrats in Congress are…
Lawmakers Submit Legislation To Set Defense Spending Floor Of 4 Percent; Analyst Sees This As Minimal
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