A bipartisan commission appointed by Rep. Barney Frank (D-Mass.) laid out ways on Friday to eliminate almost $1 trillion in defense spending over the next decade.
The Sustainable Defense Task Force, a commission of scholars from a broad ideological spectrum appointed by Frank, the House Financial Services Committee chairman, laid out options the government could take that could save as much as $960 billion between 2011 and 2020.
A report from the commission pointed to options including the elimination of programs, a reduction in weapons stockpiles and a reduction in troop sizes and deployment in order to shrink the growth.
Deficit reduction has been a major issue for Republicans and President Barack ObamaBarack Hussein ObamaBiden invokes Trump in bid to boost McAuliffe ahead of Election Day RNC targets McAuliffe, Biden campaign event with mobile billboard The real reason Biden is going to the COP26 climate summit MORE of late. Both sides have made their own proposals to cut spending and deficits, but most measures put forth eschew cuts to defense spending, be it discretionary or nondiscretionary. (The report attributes 65 percent in the growth of discretionary spending since 2001 to defense spending.)
Frank was set to unveil the proposals on Capitol Hill on Friday morning with a bipartisan set of lawmakers, scheduled to appear with Democratic Sen. Ron WydenRonald (Ron) Lee WydenOvernight On The Money — Senate Democrats lay out their tax plans Senate Democrats propose corporate minimum tax for spending package Elon Musk rips Democrats' billionaire tax plan MORE (Ore.) and Republican Reps. Walter Jones (N.C.) and Ron Paul (Texas).