Defense Secretary Panetta: Our Debt Path Threatens Our National Security
- Posted on February 28, 2012 at 9:01pm by
Christopher Santarelli
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Defense Secretary Leon Panetta took to the Hill Tuesday to lobby budget hawks to get the nation’s debt under control by cutting spending and entitlements, not defense.
“You can’t meet the challenge that you’re facing in this country by continuing to go back at discretionary spending,” Panetta told lawmakers at a Senate Budget Committee hearing.
“That’s less than a third of federal spending. If you’re not dealing with the two thirds that is entitlements spending, if you’re not dealing with revenue and you keep going back to the same place, frankly you’re not going to make it, and you’re going to hurt this country’s security,” Panetta said.
Democratic Senator Kent Conrad, the committee chairman, has said that given the country’s fiscal crisis more savings must be found in the core defense budget, and that it would be impossible to address the nation’s deficit without doing so. Ranking Republican Sen. Jeff Sessions agreed with Panetta that America‘s budget can’t be balanced with just Pentagon cuts and the escalating costs of entitlement programs must be addressed.
AP reports that Panetta, who was once chairman of the House budget panel, told senators that while he can find the planned savings of $487 billion over the next 10 years, any more than that would hamper the military’s ability to meet future threats.
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Comments (77)
TemayElbor
Posted on February 29, 2012 at 4:25am“In 1835, Federal Budget was balanced and National Debt was paid in full”.
Almost a hundred years later, In 1930, America was $42 billion in debt.
In 2003, America was $10 Trillion in debt.
End of 2011, national debt went up to $15 Trillion.
America’s national debt is a big “DEVOURER”, which has to be stopped for the sake of the next generation.
AMERICA needs to tap in, into that SPIRITUAL REALM for a BIG MIRACLE is what America needs.
Report Post »MYHEROISRON
Posted on February 29, 2012 at 7:19amOur debt path threatens our national security? Really? And you, Leon, along with every politician in America are responsible for it!!! That means you are a traitor to the American people, as is every politician in America!! Americans will deal harshly with you when the time comes, traitor!!!
Report Post »lukerw
Posted on February 29, 2012 at 7:34amDemocrats… and their Social Programs have destroyed the Country… and the result is…
Report Post »robert
Posted on February 29, 2012 at 11:12am“Defense Secretary Panetta: Our Debt Path Threatens Our National Security”
Well, well, well, old bananna nose finally discovered what everybody else has known for quite a long time now.
Who says we don’t have a top notch intelligence gathering team?
Report Post »martinez012577
Posted on February 29, 2012 at 12:20pm@luke
You are only partially right. You blame the Democrats, yes they are responsible. You really don’t think Republicans are at fault also? Do you think all of our problems started with Obama?
This is why voting for a guy that raises the debt is no different than voting for Obama. The clones(Romney, Gingirch, Santorum) all have budgets headed in the same direction as Obama. So whats the difference?
Report Post »Michael61
Posted on February 29, 2012 at 1:10pmWelcome to Weimar Republic… Next stop: the Third Reich…
Report Post »MYHEROISRON
Posted on February 29, 2012 at 2:43pmThis makes me so damn mad! These stupid liberal progressive marxist politician bureaucrats constantly stating the obvious! Better get ready, Patriots! It’s almost time to hit the reset button!
Report Post »Wolf
Posted on March 1, 2012 at 4:52pm“…You can’t meet the challenge that you’re facing in this country by continuing to go back at discretionary spending,”…”
Report Post »Ya think?
i wonder if there is half an ounce of common sense in the entire Washington, D.C. area.
Detroit paperboy
Posted on February 29, 2012 at 4:23amThe Criminal Federal government was designed by the founders to be the size of a golf ball….. It is now the size of a beach ball…. And its gonna pop soon !!!
Report Post »Detroit paperboy
Posted on February 29, 2012 at 4:17amHey Leon, tell it to your moron boss……..
Report Post »ddg7
Posted on February 29, 2012 at 7:23amDitto!
Report Post »Gonzo
Posted on February 29, 2012 at 8:13amExactly what I was thinking.
Report Post »Zipit
Posted on February 29, 2012 at 9:41amBe careful Weon! You don’t want to get in twouble with OWEbama…. You must avoid the twuth!
Report Post »MidWestMom
Posted on February 29, 2012 at 10:15amAnother big rat deserting the ship?
Report Post »RAMJR
Posted on February 29, 2012 at 12:01amPanetta is a joke, and the switch to make him Defense Secretary, had to happen, in order for our military to be infiltrated by immorality and ignorance, to pass Obama’s agendas of taking out our national military, and replace it with bought and paid for private goons. Of course that money isn’t federal, so you can say it costs nothing. Love those slick tactics, like the unemployed not counted, because they quit looking or are trying to get disability.Keep the food stamps coming, and now you can even rent houses from the government. HOPE&CHANGE! Fraud & Fakes! Immorality & Ignorance! Obama & The Omen & women…
Report Post »dnewton
Posted on February 28, 2012 at 11:15pmHalf of the debt problem is the people who won’t take evasive action to avoid it. We are like a man and a wife facing bankruptcy but only one wants to tear up the credit cards. It is the congressional promise bubbles that are going to break and when those bubbles begin to break it is going to sound like dominoes falling.
Report Post »tmplarnite
Posted on February 28, 2012 at 11:00pmYou Fool voters keep electing DummycRATS and this whole country is going look and be just like DETROIT!
Report Post »BurntHills
Posted on February 28, 2012 at 10:41pmpanetta is nothing but another obama puppet mouth piece with obama’s claws up his rear. our Military is being decimated by these communist animals.
Report Post »Boycott the Media Let the People Decide
Posted on February 28, 2012 at 11:08pmMaybe you should actually look at the military budget and see how much has increased over the years versus how much is proposed cut before you take the word of these chickenhawk neocon warmongers!
Report Post »M 4 Colt
Posted on February 29, 2012 at 1:15am@boycot, have you ever stopped and looked at the CBO’s numbers, 2/3 of our TOTAL budget is entitlement spending and i can assure you that the left over 1/3 is not all used by the military. That 1/3 is made up of the military, the EPA, the Dept. of ED, the Dept of energy and so on. My wife is completely disabled and is on S.S.I. and even though it will be a real hardship on us we MUST REFORM our entitlement spending or our country is going to go broke. Now i am not looking forward to having less income but we will cut back and have to live on less,but this is a much better answer then our nation going broke. You need to look at the numbers for yourself and stop listening to the talking heads on TV, if you do you will see that our entitlement spending is completely unsustainable.
Report Post »hey ohms
Posted on February 28, 2012 at 10:35pmWow! Spilling the beans on Isreal; Telling the world were gonna stick our Navy Seals on a floating target and now spilling the beans on our financial crisis. Whos this guy working for Wiki leaks? Our Forefathers told us the worst threat we would ever face was foreign debt. I guess hindsight is 20/20. Foresight is worth a .40
Report Post »honestynow
Posted on February 28, 2012 at 10:18pmGee, ya think?!
Report Post »USAMEDIC3008
Posted on February 28, 2012 at 10:47pmNational Debt
Report Post »Borders with Welcome Mats
Progressives Running the Country
WHAT SECURITY
ProbIemSoIver
Posted on February 28, 2012 at 11:16pmThe United Nations has “run” the Country since 1944, when it acquired the lien from the Federal Reserve private bank who seized the corporation in 1933 due to the default and bankruptcy
on the 1913 loan.
As far as no borders, check the 1992 UN map of America.
Google: AGENDA 21.
Notice it calls the border the LA-PAZ 200 mile-wide international zone of cooperation.
1992 was the year Bush Sr. signed the Infrastructure Privatization executive order #12803
The UN began foreclosure on the U.S. Corp in 1992.
Report Post »Do your research.
DemocRATs and RepubliCONs both, are playing 95% of you people like a fiddle.
ProbIemSoIver
Posted on February 28, 2012 at 11:20pmAddendum.
Report Post »*The IMF was granted the Quit claim deed to the Bankrupt Corp. in 1944 and created the U.N. in 1945.
USAMEDIC3008
Posted on February 28, 2012 at 11:26pmHavent been Democrats Or Republicans for a long time
Report Post »Its Progressives (commies)
or Amercians
Changing from Republic to Democracy was just the begining
of the move to One world gov.
martinez012577
Posted on February 28, 2012 at 10:15pmWell he is right on this one. The problem is the one side of the political spectrum you would think would wake up isnt going to. You people are going to vote in Romney has the nominee and he is going to get smoked by Obama. You morons are supporting a guy that doesnt cut the debt. He increases it. Even if he won, he still increases the debt.
Americans deserve to have the country fall apart right from under us. When the riots, rapes, looting is going on dont say people like myself didnt warn you.
Report Post »Itsjusttim
Posted on February 28, 2012 at 10:19pmOf course it’s going to fall apart, and the whole world is going to fall apart too, because big government can only “Only” fall apart. That’s why “Government is good.”
Report Post »Itsjusttim
Posted on February 28, 2012 at 10:22pmAnd then after that mother nature is going to beat the crap out of you, because she has a lot of catching up to do.
Report Post »Itsjusttim
Posted on February 28, 2012 at 10:24pmThe most dangerous bubble, the big daddy of all bubbles about to break, is the government bubble.
Report Post »NoNannyState4me
Posted on February 29, 2012 at 1:30am“The most dangerous bubble, the big daddy of all bubbles about to break, is the government bubble.”
If you came up with that on your own, +1
Report Post »KingCanon
Posted on February 28, 2012 at 10:04pmThis has been the plan all along. The common man on the street talks about it all day long
and has been for over a year now. The “inside the beltway” crowd just doesn’t get it or is being
controlled by outside forces.
Which do you think is the reason?
Report Post »They don’t get it? (stupid or blind)
They are controlled by outside forces? (man or demons)
Itsjusttim
Posted on February 28, 2012 at 10:13pmNo see what they will do is cannibalize the money of their own countrymen to safe-guard the Oligarchies, but they can only do it so much before they cannibalize themselves into oblivion.
Report Post »Itsjusttim
Posted on February 28, 2012 at 10:15pmI love big government. Come on, give me more big government.
Report Post »Snowleopard {gallery of cat folks}
Posted on February 28, 2012 at 10:00pmNotice how the members of the administration are slowly shifting debate to the economy…
As I have said, the left and Obama will use the social matters and the challenge to the churches for now, use the ongoing budget farce as a distraction and get set for economic troubles and propaganda for the upcoming debt limit battle that will happen around the time of the elections.
Obama is all but guaranteed to win in 2012 as madness and chaos sweeps the nation.
Report Post »possom
Posted on February 28, 2012 at 9:57pmwow it only took him three and a half yr’s to figure that out, kinda restore‘s your ol faith in politic’s doesn’t it?
Report Post »MrMagoo
Posted on February 28, 2012 at 9:50pmWhile Panetta is busy telling us what we already know,he’s already thinking about his safe,secure spot in the World.Survival.For his family and freinds.
The rest us can scratch sheit with the chickens.
The Bushes,The Clintons and the Obama’s (and Administrations) will be held accountable.
Enjoy the trip America.We voted them in.
Report Post »Itsjusttim
Posted on February 28, 2012 at 9:44pmWell see here Leon. What you self righteous kings did was you decided that “You” were going to be the giver of Liberty, and people in your frame of thought decided they were going to tax and spend a lot to give people the Liberty and security you saw fit. And you Progressives pressed down the gas pedal and accelerated far from the Lord, and the Lord’s government of Liberty. Therefore the Lord had to step on the gas pedal, and now, basically the Lord’s Liberty is about to come crashing in.
Report Post »Itsjusttim
Posted on February 28, 2012 at 9:48pmI mean you Progressives are all about thinking how smart you are with your academics, and yet you don’t really understand mathematics. Because in a equation what you do to one side you have to do to the other. Therefore when you give Liberty, then God has to take some away. And the Lord is going to take one heck of a lot of Liberty away.
Report Post »Itsjusttim
Posted on February 28, 2012 at 9:51pmThorns are going to sprout from the earth.
Report Post »Lumbar Spine
Posted on February 28, 2012 at 10:15pmYou actually believe that a supernatural God plays an active role in directing and manipulating the policies of the U.S. government…? You actually believe that…? And you’d like politicians who believe that, too? So, in other words, what our government should do depends on your interpretation of what God wants. And you actullay believe you can discern what God wants and to speak for God.
What a bunch of arrogant, delusional people…
Report Post »Quagaar Warrior
Posted on February 28, 2012 at 9:35pm~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Report Post »DUH!!! What was your first clue, DIP-SHllTE?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
ProbIemSoIver
Posted on February 28, 2012 at 9:31pmThe Military Industrial Complex has been threatening our National Security well before Obummer emerged from his egg.
The Department of Defense is a foreign-owned private company.
click on #11 and read.
Don’t believe it?
Check Dun & Bradstreet
I want my Representative Republic back. Not this de facto “government”
End the Federal Reserve Private Bank and it’s Private collection agency; the IRS.
Quit the UN, Demolish that building and put the statue of liberty there.
Report Post »ProbIemSoIver
Posted on February 28, 2012 at 9:32pmthe link:
Report Post »http://www.manta.com/mb_43_F1_09/defense/district_of_columbia?search=Department+of+Defense
ProbIemSoIver
Posted on February 28, 2012 at 9:35pmAllen West makes light of it. He knows that 95% of the people will think it was a metaphor:
Report Post »http://www.youtube.com/watch?v=IN0PlOXCJLc
ProbIemSoIver
Posted on February 28, 2012 at 9:50pmRon Paul’s Brother will tell you why there is a Federal Reserve and an IRS:
http://www.youtube.com/watch?v=IlCs7u1ihws
Here is some real insight. This is substantiated in hundreds of other sites emerging since the internet began:
http://www.barefootsworld.net/usfraud.html
and
http://www.teamlaw.net/history.htm
The Rothschilds bought Reuters in the 1800′s and the Associated Press thereafter.
They bought all the publishing companies that supplied all the indoctrinating and revisionist history schoolbooks we all read.
They own the MSM.
Who do you believe?
I believe these hundreds of people that all have the same story and no real reason to lie or anything to gain from these supposed ‘conspiracy theories’.
You go ahead and trust the Government and Main Stream Media, and call me the Tin Foil Bot.
I would call you insane. Voting for anyone other than Ron Paul is repeating the same thing, and expecting a different result.
Report Post »ProbIemSoIver
Posted on February 28, 2012 at 9:57pmThe IRAQ war cost 4 trillion dollars, Panetta.
Want someone to blame for a the debt?
Look in the Mirror, Neocon.
Oh BTW, Panetta, our founding fathers believed our Military Forces were for the COMMON DEFENSE, not an UNCOMMON OFFENSE.
Learn the difference.
Report Post »1casawizard
Posted on February 28, 2012 at 10:25pmGot any drugs for sale?
Report Post »ProbIemSoIver
Posted on February 28, 2012 at 10:30pmYou are a moron.
Got any fluoridated kool-aid? lol
Your Nescience will render you a victim of Darwin’s theory of Natural selection.
Your photo matches your mentality.
Report Post »kentuckypatriot
Posted on February 28, 2012 at 9:30pmI’m sure his pleas are on deaf ears. The obummer regime could give a rat’s a$$ about the military and most everyone knows it. Please Lord… help us get this commie administration out of the WH
Report Post »ProbIemSoIver
Posted on February 28, 2012 at 10:15pmObama and Bush Jr. are cousins carrying on the Global Elite’s agenda:
http://www.youtube.com/watch?v=_ldZS9PL9KE
Their job is to be the C.E.O. of the Corporation, and to carry on the Crime of the Century.
To protect the Global Elite’s scheme of enslaving every man, woman and child on the planet using their immense wealth and power.
Imagine a real life monopoly game where there is one winner (The Global Elite)
http://www.youtube.com/watch?v=Ym4TTmOJ4I8
and the losers (everyone else) can never quit the “game”.
Welcome to your real-life matrix.
Report Post »1casawizard
Posted on February 28, 2012 at 10:30pm@KENTUCKYPATRIOT. Ditto.
Report Post »Beckofile
Posted on February 29, 2012 at 10:21amTake the red pill (Obama) or the blue pill (Romney) and the results for you are the same. You are just a energy or economic battery for the matrix.
Report Post »KidCharlemagne
Posted on February 28, 2012 at 9:28pm“Hint, hint……”
———————-
Report Post »“As the U.S. dollar continued to lose purchasing power, several oil-producing countries began to question the wisdom of accepting increasingly worthless paper currency for their oil supplies. Today, several countries have attempted to move away, or already have moved away, from the petrodollar system. Examples include Iran, Syria, Venezuela, and North Korea… or the “axis of evil,” if you prefer. (What is happening in our world today makes a whole lot of sense if you simply read between the lines and ignore the “official” reasons that are given in the mainstream media.) Additionally, other nations are choosing to use their own currencies for oil like China, Russia, India, among others.”
http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/
socialism.rocks
Posted on February 28, 2012 at 10:11pmhint hint the euro-zone italy spain are going to default and tell the american banksters to get bent-trillions apon trillions…..our banks own ~
Report Post »Russia will give them all their energy they need- their economy will be just fine cause italy and spain are net producers of foods~ the asian bloc needs~
but the dollar will go to less then zero~
no one globally trusts america they shortsold and put insurance bets on collapsing euro economies…
knowing they would collapse….hint hint we attacked our allies ~ to prop up the dollar
england is in it deep too-thats why the- CON CONS over in england were hoping they could become states-= uk wants to become part of america if you didnt know
global shifts in power are coming
no one realizes this but the bankstah gangsters are going to be hunted down globally-
when the american people find out what is really happening-there will be no safe place on earth for them to hide ~ and to the rich plutocrats who think you are wealthy everything will be nationalized!~
your wealth will be taken-for what you’ve done
and thats how the ball bounces
soybomb315
Posted on February 28, 2012 at 9:20pmTa-daaaaa. Ron Paul was right again
Report Post »Rosco1776
Posted on February 29, 2012 at 6:28amYou got it! Ron Paul has been saying this for decades but he’s just a kook. Well I guess I am too. Most still have their partisan blinders on and just blame the other party. Wake up people, it’s 30 seconds to midnight!
Report Post »VermontPatriot
Posted on February 28, 2012 at 9:18pmPanetta making sense? He is right in this instance.
Our Government wants to cut Military Health Benefits,
but not the benefits of people that are basically deadbeats.
I know that some people on assistance absolutely need it.
There are many though, that are riding and abusing the system.
I see it everyday and it pis#es me off!
Our Soldiers though, leave their families for months to fight our
wars in far away lands and they want to cut their benefits?
Tell Me This Ain’t Bizarro World!
Report Post »joefboschsr
Posted on February 28, 2012 at 9:23pmWould you call disenfranchising the former Military “From the bottom up” or “the inside out”
Report Post »Boycott the Media Let the People Decide
Posted on February 28, 2012 at 11:16pmThey want to cut military health benenfits yet pay for the embassy the size of the vatican in Iraq……Someone‘s crying wolf with screwed up priority’s…..
Report Post »Darmok and Jalad at Tanagra
Posted on February 28, 2012 at 9:18pmNews Flash: Panetta also just found out what his special purpose is for, he is excited and just posted it to his facebook. His family is so proud.
Report Post »bunnybread
Posted on February 28, 2012 at 9:14pmMr Panetta talk to your Boss about out of control spending
Report Post »HorseCrazy
Posted on February 28, 2012 at 9:30pmpretty sure thats why he is saying it publicly because no one will do anything when he has those conversations in private
Report Post »SamIamTwo
Posted on February 28, 2012 at 9:09pmObama threatens our national security…
Report Post »chips1
Posted on February 28, 2012 at 9:29pmWe don’t have National Security. That’s why the muslim terrorists keep threatening us.
Report Post »kentuckypatriot
Posted on February 28, 2012 at 9:31pmI second that!
Report Post »Mess23
Posted on February 28, 2012 at 9:38pmBye Leon, you ware in there because Gates retired too quick. You did your job, impliment the 497billion cut in defense.
Report Post »HorseCrazy
Posted on February 28, 2012 at 9:07pmhe is right but will anyone in office listen? nope. those evil republicans and libertarians trying to slow government spending and get rid of giant wasteful programs and huge useless departments are just working for the oil companies and hate the working man or whatever., nope no one will listen until its too late.
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