Billions Wasted on Defense Spending

By Ivan Eland
February 7, 2007

Each year, one of the most important events in the nation’s capital is the release of the federal budget. Yet the media provides insufficient coverage because the budget is technical, unglamorous, and requires hard work sifting through mounds of data to uncover the key truths.

It is much sexier to cover whether Condi Rice’s star has fallen as a result of the Iraq War. Very little happens in public affairs, however, without the money to effectuate it. And much has happened.

Read on.