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Politics
15 October 2024

Budget Deficits Endanger National Security Priorities

Tim Walz's past missile defense stance highlights the growing threat of federal spending to U.S. military readiness

The debate over national security and military spending has intensified, particularly as various figures from the Democratic Party are exposed to scrutiny over their past statements. A recent focus has been on Tim Walz, the Democratic vice presidential nominee, who made waves with his stance on missile defense funding. During his first congressional campaign back in 2006, Walz indicated broad skepticism toward missile defense, declaring his intention to eliminate federal funding for the program meant to protect America from threats posed by countries like China and Russia.

Walz claimed to have engaged deeply with the survey prepared by Vote Smart, spending about three hours to detail his responses. "I took the time, in about three hours, to fill out every single portion of the questionnaire in great detail," Walz elaborated during the 2006 debate. His views aligned with what many Democrats believe; the party has traditionally shown reticence about domestic missile defense initiatives. This hesitation was underscored during Walz's recent debate with Republican J.D. Vance, where he dodged direct questions concerning support for Israeli military actions aimed at Iran's nuclear ambitions.

While the Democratic vice presidential nominee's past may come back to haunt him, the broader concern arises from current federal spending practices, which are visibly affecting one of America’s top priorities: national security. The Congressional Budget Office recently released its new report highlighting the nation's burgeoning budget deficit, which swelled to $1.83 trillion to close the last fiscal year. This figure marks a 13% increase from the previous year, drawing attention not only because there isn't a war currently being waged but also because typical fiscal patterns during peacetime had shown deficits tending to shrink alongside economic growth.

Currently, the country's overall spending hit $6.75 trillion just last year, reflecting an 11% increase attributed largely to President Biden’s past spending initiatives, including substantial federal education expenditure following his college tuition bailout. Medicare's budget alone has now outstripped defense spending—a historical first—and paints the grim picture of where priorities lie. Health-related expenditures like Medicare steadily grow faster than overall economic growth, leading to more than $869 billion allocated to healthcare this past year, versus $826 billion for defense.

An unsettling trend surfaces when considering interest payments on federal debt, which skyrocketed to $950 billion this past year. These payments, combined with Medicare and Social Security funding, have shifted military spending to fourth place among governmental expenditures—an unfathomable position for many policymakers historically accustomed to seeing defense at the top of the list.

Despite rising federal revenues hitting records at $4.9 trillion, with individual income tax receipts climbing 11% to $2.4 trillion, the logic of increasing taxes does not stem the tide of federal spending, which is projected to swell even more over the next decade. With federal spending anticipated to rise to 24.1% of the economy by 2034, and the highest federal tax revenues ever recorded at 19.8% during World War II showing historical limits to sustainable revenue, one must question how long the current fiscal plan can endure without jeopardizing national security.

With competition intensifying between political candidates, neither seems particularly worried about the looming federal deficit. Instead, rival campaigns have pursued potentially reckless promises meant to attract voter favor, such as new healthcare entitlement schemes from Vice President Kamala Harris or tax cuts on tips and overtime from former President Donald Trump. Each candidate appears more focused on catering to target demographics than addressing the pressing need for federal fiscal responsibility.

This shifting fiscal paradigm intersects with increasing international threats. With China rapidly growing its naval and aerial capabilities, and Iran employing proxies against American interests abroad, there’s a growing urgency for America to bolster its defense budget rather than allow it to shrink amid rising domestic costs.

Many experts contend, as observed through the eyes of former Pentagon officials, the military’s capabilities are directly tied to funding. Peppi DeBiaso, who previously directed the Pentagon's missile defense policy, acknowledged the role of domestic missile defense sites integral to deterring potential long-range missile attacks from rogue nations, particularly concerning North Korea and Iran.

Surprisingly, even as officials grapple with the proper appropriations for military spending, the current administration authorized deploying the Terminal High Altitude Area Defense (THAAD) system to protect Israel against prospective attacks, demonstrating the significance attached to military readiness and defense capabilities.

The rationale behind missile defense lays primarily in protecting American allies and the homeland from threats, bolstering the argument for maintaining and ideally increasing defense spending during these tumultuous times. This collection of factors has produced consensus among lawmakers and security strategists on the pressing need for national security investment as part of the nation’s budget.

Yet, as federal spending threatens to spiral out of control amid rising populism, the interconnected challenges of international security and domestic budgeting become much more complicated. With federal expenditures misaligned with priorities around national defense, and with increasing pressures from global aggressors like China and Iran, the urgent question emerges—how should the nation realign its budget with its professed values of security, stability, and preparedness?

The time for discourse is limited, and the call for updated fiscal responsibility aligned with enhancing national defense is becoming more pronounced among political leaders and policy analysts alike. For the citizens who rely on effective governance, recognizing the intertwining nature of budget management and national security is fundamental. The need for balanced financial oversight does not just promote stability; it preserves the values and safety of American lives.

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