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dSG DEMOCRATIC STUDY GROUP. U.s. HOUSE OF REPRESENTATIVES
225·5858 • 1422 HOUSE OFFICE BUILDING • WAIHINGTON, D.C. 20511
HON. WILLIAM M. BRODHEAD (Michigan) - Chelrman RICHARD P. CONLON-Staff Director
SPECIAL REPORT
No. 97-21
"The worst thing that can happen is for
the nation to go on a defense spending
binge that will create economic havoc
at home and confusion abroad and that
cannot be dealt wi th wisely by the
Pentagon."
Melvin Laird*
November 30, 1980
May 4, 1981
THE IMPACT OF THE REAGAN DEFENSE BUDGET
The worst may happen. There is growing concern that
the huge increases in spending proposed by the Reagan Administration
will, in fact, "create economic havoc" without providing
any significant improvement in national defense.
The Administration proposes to increase military spending
from 25% to 38% of total expenditures over the next five
years. This will mean spending a total of $1.5 TRILLION on
defense alone during this period.
Many economists believe that these increases will fuel
inflation and exacerbate other economic problems. At the sarne
time, other critics contend that. the proposed increases amount
to little more than "throwing money at defense problems" and
that BILLIONS will be wasted on outmoded weapons and strategies.
This DSG Special Report contains the following sections:
I. Summary . . . . . . . . . . · · 3
II. Defense Budget Proposals . · · 5
III. Impact on Economy . . . . · . . 9
IV. Impact on National Security · · . . 13
* Melvin Laird is a former Republican Member of Congress (1952-1969)
who served as ranking Republican on the House Appropriations Sub com-
mittee on Defense, and later as Secretary of Defense during the
Nixon Administration.
Object Description
| Rating | |
| Title | DSG legislative report, 1981-05-04 Special Report |
| Subject |
Legislative bodies Laws Legislation Law & legal affairs Legislative hearings Political organizations |
| Description | The Democratic Study Group formed in 1959 making it the oldest legislative service organization in Congress. The group provides detailed information about legislation and policy issues on the House's upcoming agenda. (http://www.congresslink.org/print_teaching_glossary.htm#D) |
| Date | 1981-05-04 |
| Location | District of Columbia |
| Collection | Charles Wilson Congressional Papers |
| Collection Identifer | G1, DSG, Box 1 |
| Biographical Note | Congressman Charles Wilson began his political career in 1960 when he was elected to the Texas House of Representatives. He served in the Texas House of Representatives for six years and was then elected to the Texas Senate in 1966. On November 7, 1972, the second district of Texas elected Charles Wilson to the U.S. House of Representatives. He retired from the U.S. House of Representatives in 1996. |
| Associated Dates | 1980-1989 |
| Type | Publication |
| Format | |
| Repository | East Texas Research Center |
| Repository Link | http://library.sfasu.edu/etrc/ |
| Creator | Democratic Study Group, House of Representatives |
| Rights | This item may be protected under Title 17 of the U.S. Copyright Law. It is available for non-commercial research and education. For permission to publish or reproduce, please contact the East Texas Research Center at asketrc@sfasu.edu |
Description
| Title | Page 1 |
| Transcript | dSG DEMOCRATIC STUDY GROUP. U.s. HOUSE OF REPRESENTATIVES 225·5858 • 1422 HOUSE OFFICE BUILDING • WAIHINGTON, D.C. 20511 HON. WILLIAM M. BRODHEAD (Michigan) - Chelrman RICHARD P. CONLON-Staff Director SPECIAL REPORT No. 97-21 "The worst thing that can happen is for the nation to go on a defense spending binge that will create economic havoc at home and confusion abroad and that cannot be dealt wi th wisely by the Pentagon." Melvin Laird* November 30, 1980 May 4, 1981 THE IMPACT OF THE REAGAN DEFENSE BUDGET The worst may happen. There is growing concern that the huge increases in spending proposed by the Reagan Administration will, in fact, "create economic havoc" without providing any significant improvement in national defense. The Administration proposes to increase military spending from 25% to 38% of total expenditures over the next five years. This will mean spending a total of $1.5 TRILLION on defense alone during this period. Many economists believe that these increases will fuel inflation and exacerbate other economic problems. At the sarne time, other critics contend that. the proposed increases amount to little more than "throwing money at defense problems" and that BILLIONS will be wasted on outmoded weapons and strategies. This DSG Special Report contains the following sections: I. Summary . . . . . . . . . . · · 3 II. Defense Budget Proposals . · · 5 III. Impact on Economy . . . . · . . 9 IV. Impact on National Security · · . . 13 * Melvin Laird is a former Republican Member of Congress (1952-1969) who served as ranking Republican on the House Appropriations Sub com- mittee on Defense, and later as Secretary of Defense during the Nixon Administration. |
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