by Diana Furchtgott-Roth
e21 – Economic Policies for the 21st Century
September 12, 2013
As President Obama lobbies members of Congress to support lobbing cruise missiles at Syria, perhaps he has forgotten the sequester that he proposed in 2011 and signed into law last March. Attacking Syria costs money, money that the Defense Department does not have. The Pentagon is scheduled to face cuts of $54 billion each year until 2021 due to the sequester. Last week Defense Secretary Chuck Hagel told the House Foreign Affairs Committee that he expected the cost of the options being considered in Syria to be in the range of “tens of millions” of dollars. But military operations have a way of expanding.