Political Quotes

On the recordJuly 18, 2012
I thank the gentleman for yielding, as I am the most junior member of this subcommittee. But I would be remiss not to echo the praise of my colleagues, both for the chairman and the ranking member. They have worked together extraordinarily well in a way that makes us all proud. Frankly, Mr. Dicks, I am going to miss you greatly from this committee. You have been a mentor and a friend. Thank goodness Mr. Young will be here, and I will have somebody's knee to learn at. This is a good bill. It does, as has been mentioned earlier, add roughly a billion dollars from roughly $519 billion in the base defense bill. What hasn't been mentioned, though, is that our overseas contingency fund, 8, $8.5 billion, is actually down $27 billion, so we are actually spending less overall on defense this year. We reduced the number of personnel by over 21,000. We ought to recognize, for those of our friends who think we're spending too much, we are actually at the beginning of a long drawdown. If you look over the next 5 years, sadly, we're going to reduce defense spending by $500 billion. That means less capability. That means 70,000 fewer soldiers, 20,000 fewer marines. That means 25 fewer combat vessels--288 instead of 313. Seven fewer aircraft fighter wings. Real reduction in capability. A lot of our friends think we spend too much on defense. The reality is we spend less and less as a percentage of our Federal budget and our overall wealth every year.…
Said by
Tom Cole
Republican · Oklahoma
Source
govinfo.gov
Jul 18, 2012

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