CBO Says Defense Budget Should Be $340B.

JurisdictionUnited States
Date01 November 2000
AuthorSCRIVNER, PETER C.

The Congressional Budget Office (CBO) has released a report regarding current military threats to the United States in accordance with its existing national security strategy, and provided an estimated cost of maintaining today's military forces to combat those threats.

The report suggests the only foreign powers who potentially rival the United States are Russia and China. The Chinese People's Liberation Army has approximately two million troops, making it the largest army in the world, but...

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