Thread: US seeks more military budget for war?

The Pentagon has reportedly proposed a $450 billion increase in the military budget in a move believed to be in preparation for a war.

The new military budget estimate for the next five years is expected to be revealed shortly before President George W. Bush leaves office in January 2009.

The fiscal 2010 portion of the estimate includes a $57 billion increase, $30 billion of which would be allocated to a vaguely defined contingency fund and $14 billion would be used for replacing or repairing existing military equipment or 'reset and modernization'.

The new budget numbers raise speculation about the likelihood of a new US military engagement as it highlights Defense Department fears that the already record-high military budgets would be grossly insufficient in the years ahead.

Since taking office, the Bush administration has increased baseline military spending by 30 percent, which puts the annual military spending, at its highest level since World War II.

Press TV - US seeks more military budget for war?