The Congressional Budget Office has found that Defense Department spending for military activities dropped by $30 billion in fiscal year 2014, or 5 percent, mostly due to a decline in Army spending. Unsurprisingly, the drop coincides with the U.S. drawdown from Afghanistan. The CBO states in its Nov. 10 budget review for the fiscal year that FY-14 marked the third consecutive year of declining defense spending “after growing at an average annual rate of 6 percent over the previous five...
