Conflicts of Interest #117: Biden's Pentagon Budget Is a Giveaway to the Military-Industrial Complex
On COI #117, Kyle Anzalone breaks down Biden's Pentagon budget proposal for FY 2022. The President is asking Congress to give $715 billion in taxpayer dollars to the military-industrial complex. The proposal calls for tens of billions to be spent on weapons systems with legacies of failure, like the F-35 and Ford-class aircraft carrier. Most of the money is spent on maintaining the American Empire, not defending the homeland. While Congress has the power to alter the Pentagon budget, Kyle argues we should expect they will increase the budget.
The budget also further reveals the foreign policy establishment's new enemy is China. Biden wants to spend $5 billion on the Pacific Deterrence Initiative and billions more on weapons systems that the US hopes will allow them to control the waters off China's coast. Kyle explains the danger of shifting so much military spending towards confronting China.
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