#defencebudget — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #defencebudget, aggregated by home.social.
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@treleanor @feather1952 @maudenificent
Trish, I agree with the onerous costs (forward expenditure) of the AUKUS project, but cutting it out will not mean anything else but buying other Defence equipment. The money is in Defence’s budget and will stay there because that is how defence must be funded to pay for long-term contracts required for delivery of major acquisiton projects — there is no way around that. Asking for AUKUS to be axed simply means spending the same amount in other military hardware.On the other hand if you wish to support an internationally recognised neutral Australia (like say, Switzerland) than that’s another kettle of fish. But even ‘neutral’ countries have a defence force that needs to be funded based on the risk of conflict. And these days… well how high are those risks?
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@treleanor @feather1952 @maudenificent
Trish, I agree with the onerous costs (forward expenditure) of the AUKUS project, but cutting it out will not mean anything else but buying other Defence equipment. The money is in Defence’s budget and will stay there because that is how defence must be funded to pay for long-term contracts required for delivery of major acquisiton projects — there is no way around that. Asking for AUKUS to be axed simply means spending the same amount in other military hardware.On the other hand if you wish to support an internationally recognised neutral Australia (like say, Switzerland) than that’s another kettle of fish. But even ‘neutral’ countries have a defence force that needs to be funded based on the risk of conflict. And these days… well how high are those risks?
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@treleanor @feather1952 @maudenificent
Trish, I agree with the onerous costs (forward expenditure) of the AUKUS project, but cutting it out will not mean anything else but buying other Defence equipment. The money is in Defence’s budget and will stay there because that is how defence must be funded to pay for long-term contracts required for delivery of major acquisiton projects — there is no way around that. Asking for AUKUS to be axed simply means spending the same amount in other military hardware.On the other hand if you wish to support an internationally recognised neutral Australia (like say, Switzerland) than that’s another kettle of fish. But even ‘neutral’ countries have a defence force that needs to be funded based on the risk of conflict. And these days… well how high are those risks?
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@treleanor @feather1952 @maudenificent
Trish, I agree with the onerous costs (forward expenditure) of the AUKUS project, but cutting it out will not mean anything else but buying other Defence equipment. The money is in Defence’s budget and will stay there because that is how defence must be funded to pay for long-term contracts required for delivery of major acquisiton projects — there is no way around that. Asking for AUKUS to be axed simply means spending the same amount in other military hardware.On the other hand if you wish to support an internationally recognised neutral Australia (like say, Switzerland) than that’s another kettle of fish. But even ‘neutral’ countries have a defence force that needs to be funded based on the risk of conflict. And these days… well how high are those risks?
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@treleanor @feather1952 @maudenificent
Trish, I agree with the onerous costs (forward expenditure) of the AUKUS project, but cutting it out will not mean anything else but buying other Defence equipment. The money is in Defence’s budget and will stay there because that is how defence must be funded to pay for long-term contracts required for delivery of major acquisiton projects — there is no way around that. Asking for AUKUS to be axed simply means spending the same amount in other military hardware.On the other hand if you wish to support an internationally recognised neutral Australia (like say, Switzerland) than that’s another kettle of fish. But even ‘neutral’ countries have a defence force that needs to be funded based on the risk of conflict. And these days… well how high are those risks?
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The Biggest Peacetime Increase in Our Nation’s History
Defence Minister Richard Marles announces Australia’s largest peacetime defence spending hike while the Geelong refinery burns and fuel reserves hit five weeks. A deadpan account of spending better, NATO accounting, and submarines arriving in the 2040s.https://urbanwronski.com/2026/04/17/the-biggest-peacetime-increase-in-our-nations-history/
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#USMilitarySpending #DefenceBudget
Good reporting here from The Guardian. Imagine what schools, healthcare, infrastructure could do with money like defence contractors are getting?
"High Pentagon budgets are often justified because the funds are ‘for the troops’,” said William D Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft and an author of the report. “But as this paper shows, the majority of the department’s budget goes to corporations, money that has as much to do with special interest lobbying as it does with any rational defense planning. Much of this funding has been wasted on dysfunctional or overpriced weapons systems and extravagant compensation packages.”
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#USMilitarySpending #DefenceBudget
Good reporting here from The Guardian. Imagine what schools, healthcare, infrastructure could do with money like defence contractors are getting?
"High Pentagon budgets are often justified because the funds are ‘for the troops’,” said William D Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft and an author of the report. “But as this paper shows, the majority of the department’s budget goes to corporations, money that has as much to do with special interest lobbying as it does with any rational defense planning. Much of this funding has been wasted on dysfunctional or overpriced weapons systems and extravagant compensation packages.”
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#USMilitarySpending #DefenceBudget
Good reporting here from The Guardian. Imagine what schools, healthcare, infrastructure could do with money like defence contractors are getting?
"High Pentagon budgets are often justified because the funds are ‘for the troops’,” said William D Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft and an author of the report. “But as this paper shows, the majority of the department’s budget goes to corporations, money that has as much to do with special interest lobbying as it does with any rational defense planning. Much of this funding has been wasted on dysfunctional or overpriced weapons systems and extravagant compensation packages.”
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#USMilitarySpending #DefenceBudget
Good reporting here from The Guardian. Imagine what schools, healthcare, infrastructure could do with money like defence contractors are getting?
"High Pentagon budgets are often justified because the funds are ‘for the troops’,” said William D Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft and an author of the report. “But as this paper shows, the majority of the department’s budget goes to corporations, money that has as much to do with special interest lobbying as it does with any rational defense planning. Much of this funding has been wasted on dysfunctional or overpriced weapons systems and extravagant compensation packages.”
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#USMilitarySpending #DefenceBudget
Good reporting here from The Guardian. Imagine what schools, healthcare, infrastructure could do with money like defence contractors are getting?
"High Pentagon budgets are often justified because the funds are ‘for the troops’,” said William D Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft and an author of the report. “But as this paper shows, the majority of the department’s budget goes to corporations, money that has as much to do with special interest lobbying as it does with any rational defense planning. Much of this funding has been wasted on dysfunctional or overpriced weapons systems and extravagant compensation packages.”
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EIB ready to ‘stretch’ lending criteria as it prepares for EU Council’s call to arms https://www.euractiv.com/section/economy-jobs/news/eib-ready-to-stretch-lending-criteria-as-it-prepares-for-eu-councils-call-to-arms/?utm_source=dlvr.it&utm_medium=mastodon #defencebudget #Defenceminister #EBRD #Ecofin #EIB
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EIB ready to ‘stretch’ lending criteria as it prepares for EU Council’s call to arms https://www.euractiv.com/section/economy-jobs/news/eib-ready-to-stretch-lending-criteria-as-it-prepares-for-eu-councils-call-to-arms/?utm_source=dlvr.it&utm_medium=mastodon #defencebudget #Defenceminister #EBRD #Ecofin #EIB