In four pages this paper analyzes the increase in U.S. defense spending that has occurred over the past three years and includes a discussion of the largest defense contractors and where exactly this money actually goes. There are five sources cited in the bibliography.
Name of Research Paper File: D0_MTdefspe.rtf
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the United States was at its highest - as the U.S. prepared to ensure it was ready for any potential outbreak of fighting. However, once communism fell during the early
1990s, funding for defense and military operations had slowed down considerably. At this time, however, defense spending is on the rise once
again. Since 9-11, when terrorism came to U.S. soil, President George Bush has been dedicated both to fighting the war on terror and to ensuring that the homeland is protected
as well. In addition, the recent invasion by coalition-led forces of Iraq has also required more in the way of military spending as well.
According to experts and statistics, we currently are now spending as much - if not more - on defense and military spending than we were during the Cold
War years - and the war on terrorism is only in its early stages. Comparative Spending During 2003, partially in response
to the war against terror, President Bush requested $396.1 billion in defense spending -- which was a $48 billion increase in defense spending over fiscal year 2002 (WAND). This also,
interestingly enough, represented the largest defense increase in two decades, since spending during the Cold War (WAND). During the early part of
2003, it was learned that the Bush Administration planned to request $399.1 billion for national defense during the fiscal year 2004 (CSBA).
Also according to the Center for Strategic and Budgetary Assessments, outlays for defense spending were as follows: 2000 -- $319.5 billion; 2001 -- $324.9 billion; 2002 -- $355.2 billion;