Funding for ballistic missile defense (BMD) programs will slump, a BMD critic predicted, likening support for missile defense to the home-prices bubble and the sub-prime home mortgage industry that just slumped. Joseph Cirincione, vice president for national security at the Center for American Progress, a think tank, predicted "the second bursting of the missile defense bubble, similar to the housing bubble." Cirincione said budget support for BMD programs will wither because it has risen to unsustainable levels that a newly…
Missile Defense Opponent Sees Its Funding About To Tumble
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