Blood and Treasure: The U.S. Debt and its Implications for National Defense and Security

By Naval Postgraduate School

Is the current budget and debt of the United States a concern to its national defense? Does debt held by foreign nations, particularly China, give them soft power over the United States? The current national deficit is more than $1.3 trillion dollars each year with the national public debt just over $16 trillion. Congress and the greater civilian population are calling for dramatic cuts to the Department of Defense in order to balance the budget-but the issue is more complicated. Accounting for only 3.7 percent of the FY2012 budget, reducing the DoD will reduce capabilities within the military but only reduce the deficit by a mere $50 billion a year-less than five percent of the overall deficit.

• Format: Paperback
• Language: English
• ISBN: 1511613432
• ISBN13: 9781511613439
• Release Date: April 2015
• Publisher: Createspace Independent Publishing Platform
• Length: 88 Pages
• Weight: 0.50 lbs.
• Dimensions: 0.2" x 8.5" x 11.0"