As the second installment of the Taxpayers Protection Alliance's Trick or Treat extravaganza, this one highlights defense spending but in essence is brought to you by the Department of Defense and the Super Committee. As part of the August 2, 2011 deal to raise the debt ceiling, the Joint Committee on Deficit Reduction (aka the “Super Committee”) was created to come up with an additional $1.5 trillion in deficit reduction. If the Super Committee doesn’t come up with recommendations for deficit reduction there will be across-the-board spending cuts and that won’t bode well for the Pentagon. Any cuts in Defense spending must be done wisely to ensure the safety and protection of our troops. Today’s Tricks or Treats should be a guide for the Super Committee as they finalize their plans to find spending cuts. WARNING!! As always, we advise strong parental guidance because some material may not be suitable for children since they are the ones that will ultimately be paying for these tricks.
Recent PostsRecap: European Resource Bank 2015