On the recordMay 18, 1994
But I have four major problems with where we are in terms of defense spending, Mr. Speaker. First of all, the perception is that we have not cut defense spending. Members are going to hear that over and over again by our colleagues particularly on the other side. Nothing could be further from the truth. If we look at what we were spending on defense in the 1960's after the Korean war but before the Vietnam war, we were spending 9 percent of our GNP on defense. We were spending 55 cents of every dollar on the military. In this year's budget we will be spending 3 percent of our GNP on defense and roughly 17 cents of every dollar on the military. Any Member who gets up here and says we have not cut defense is just lying to the American people. My second problem is this President stood up at this podium, our President, and made the promise to the American people, as he pounded the table, ``I will not cut defense further.''
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