Romney Would Add $2 Trillion to Defense Spending
- May 10, 2012
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Defense spending would grow by $2.1 trillion over the next 10 years under the budget proposed by presumptive Republican presidential nominee Mitt Romney when compared to the Pentagon’s latest long-term spending plan. Romney has proposed spending 4 percent of the nation’s gross domestic product on the military, reported the Hill newspaper. That level of investment would allow DOD spending to rise by $100 billion in fiscal 2013, according to Travis Sharp, an analyst with the Center for a New American Security. Under either the administration’s request or the House Republican plan, defense spending would remain flat or drop slightly. Romney has called for adding 100,000 personnel and building more ships, according to the story.

