Senator John McCain, who is chairman of the Senate Armed Services Committee, released a report last week outlining spending priorities for the defense industry over the next five years. The report, entitled Restoring American Power, decries the damage done by eight years of indirect budget cuts to the Department of Defense. The result is “[a] military caught in a downward spiral of depleted readiness and deferred modernization.”
The report’s backers will find comfort in President Trump’s pledge to reverse the indiscriminate sequestration of the Budget Control Act and boost defense spending in the years to come. Though it’s only a wish list at this point, the report may come to represent a blueprint on how to spend the expected influx of defense funding.
Here are some of the major recommendations: