Another Yawner from CBO

General Schoomaker. While past increases have not been as dramatic as those he seeks for the Army, Congress and the Pentagon have indeed been increasing peacetime spending for years. The result? The problem gets worse.

Others argue that more realistic cost estimates and less unrealistic program ambitions are the only way out. The problem is not “underfunding,” it is “overprogramming.” That route to a solution has never been attempted, certainly not seriously, clearly not recently. Is it time?

Is the study really a yawner? Of course not, but that would seem to be all it is likely to provoke in Washington.

The way CBO describes these issues, its study (“Long-Term Implications of Current Defense Plans: Summary Update for Fiscal year 2007”) is available by clicking here.