There’s no predicting what the next defense budget will look like ...Middle East

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There’s no predicting what the next defense budget will look like
It comes as no surprise that the Biden administration’s $849.8 billion Fiscal Year 2025 defense budget request constitutes a no-growth budget. Pointing to the 2023 Fiscal Responsibility Act (FRA) as a constraining factor, the Department of Defense leadership asserts that the budget could only grow by 0.9 percent. But, in fact, the budget is declining in real terms. The only question is the magnitude of that decline. How much the budget actually will embody a decline depends upon assumptions about both the rate of inflation and the prospects for congressional approval of the administration’s request. With respect to inflation, the Office of Management and Budget appears to be assumin

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