Rep. Frank to discuss defense cuts at Cato
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Wondering what you’re going to do during your lunch hour this afternoon? Well wonder no more. Today at noon, Rep. Barney Frank (D-MA), the Chairman of the House Financial Services Committee, will visit the Cato Institute for a discussion on “Deficits and Defense.” From Cato:
Concern over the nation’s looming deficit has prompted a renewed focus on the need for spending cuts. Some in Washington would shield the Pentagon’s budget from scrutiny, but several newly elected members of Congress who have put deficit reduction at the top of their agenda have said that military spending cuts must be on the table. The costs associated with being the world’s policeman, they say, are simply too high. The United States must seek ways to shift the burdens of defense to other countries who have enjoyed the free ride at American taxpayers’ expense for too long. Who will prevail?
Also scheduled to participate are Loren B. Thompson, Chief Operating Officer, Lexington Institute; and Benjamin Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute.
The event can be viewed live here.