Editors Note: We would like to thank New Hampshire Business Review for covering our 2017 NHAD Networking event and publishing this great piece on our keynote speaker Roger Zakheim.
Despite rhetoric to the contrary, Roger Zakheim, former deputy assistant secretary at the U.S. Department of Defense, told attendees at the 3rd annual New Hampshire Aerospace and Defense Export Consortium that President Donald Trump’s proposed increase in military spending is actually not much of an increase at all.
In fact, while the administration boasts that its budget request of $603 billion for defense spending is 10 percent above the $534 billion in the Budget Control Act of 2011 — passed to cap federal spending in order to reduce the national debt — Trump’s request is only 3 percent above President Barack Obama’s planned request if Democrats had stayed in power.
“Which is not called a rebuild. That’s called keeping pace with inflation,” said Zakheim on June 15 at the Manchester Country Club in Bedford.
To read the rest of New Hampshire Business Review’s piece on Roger Zakheim you can find the article here.
New Hampshire Business Review Article