View Full Version : Rep. Barney Frank calls for 25% cut in military spending

Midnight Mike
2008-10-24, 11:11 PM
October 24, 2008 6:00 AM

NEW BEDFORD After the November election, Democrats will push for a second economic stimulus package that includes money for the states' stalled infrastructure projects, along with help paying for healthcare expenses, food stamps and extended unemployment benefits, U.S. Rep. Barney Frank said Thursday.

In a meeting with the editorial board of The Standard-Times, Rep. Frank, D-Mass., also called for a 25 percent cut in military spending, saying the Pentagon has to start choosing from its many weapons programs, and that upper-income taxpayers are going to see an increase in what they are asked to pay.

The military cuts also mean getting out of Iraq sooner, he said.

http://www.southcoasttoday.com/apps/pbc ... /-1/NEWS10 (http://www.southcoasttoday.com/apps/pbcs.dll/article?AID=/20081024/NEWS/810240332/-1/NEWS10)

And, ultimately, there will be tax increases on the upper brackets. "We'll have to raise taxes ultimately. Not now, but eventually," he said.