Warfare Balance Sheet

Summary


In recent days President Obama has begun to clarify his intentions on how to prosecute the wars he inherited in Iraq and Afghanistan.

His plans should be evaluated primarily for how well they would defend national strategic interests while protecting troops in the field. But in these tough budgetary times, we should also ask how the net effect of Mr. Obama's planned changes will influence the budget deficit.

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Warfare Balance Sheet

The short answer is that, as best I can tell from this vantage point in early 2009, Mr. Obama's planned changes for Iraq and Afghanistan should save us $50 billion to $70 billion in fiscal 2011 and perhaps $80 billion to $100 billion...

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