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Romney: Cut Health Care For The Poor, Not Defense Spending

Republican presidential candidate Mitt Romney on Monday suggested using drastic cuts to health care for the poorest Americans to fund the Department of Defense. Speaking to employees of BAE Systems, one of the nation's largest defense

according to The Associated Press. Additional spending on wars in Iraq and Afghanistan has increased from $153 billion to $159 billion.

The Congressional Budget Office estimates (PDF) that the total base defense budget will increase to $665 billion by 2028 if there are no cuts. Because the triggered cuts are spread over a 10-year period, overall defense spending would still grow each year, albeit at a slower rate.

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