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Pentagon eyes $4 billion missile defense hike

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(Reuters) - The U.S. Defense Department plans to ask Congress for $4.5 billion in extra missile defense funding over the next five years as part of the fiscal 2015 budget request, say congressional sources and an expert.

Nearly $1 billion of that sum will pay for a new homeland defense radar to be placed in Alaska, with an additional $560 million to fund work on a new interceptor after several failed flight tests, said Riki Ellison, founder of the nonprofit Missile Defense Advocacy Alliance, and two of the congressional sources, who were not authorized to speak publicly.

The Pentagon's request for added funding comes despite continued pressure on military spending and cuts in other arms programs, a sign of Washington's growing concern about missile development efforts by North Korea and Iran, the sources said.

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4.5 billion dollars 'extra' ... that's a mighty fine pinch of 'extra' and extra on top of what ? 35 cents ?

~

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4.5 billion dollars 'extra' ... that's a mighty fine pinch of 'extra' and extra on top of what ? 35 cents ?

~

Nah, they just saved 4 billion on food stamps with the farm bill... it has to be spent somewhere!

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lol, a construction projects? they never go overbudget, noooo.

lol, by the time this missile defence project is done, it will be at least 2x overbudget, so 4,5b now will be 10 later.

or, may be they will take away fundings for tanks, they say they don't need them anymore.

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Amazing isnt it? Instead of looking for ways to bring down our debt, they are trying to spend MORE. Alot more.

No one can tell me at this point that there isnt a controled economic demolition being put into action.

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