In the News

Republican Plans Will Cost Trillions. Can They Pay for Them?

  • January 31, 2017
  • Jeanne Sahadi
  • CNN Money

Many Republicans want to increase defense spending above the current budget caps in place.

Fiscal conservatives might only want to raise it by $100 billion over 5 years, while major defense hawks — like Sen. John McCain — may push for increases north of $400 billion, according to Katherine Blakeley, research fellow at the Center for Strategic and Budgetary Assessment.

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