so president biden's new budget plan
includes a host of increases for
domestic social priorities it includes a
41
increase in education a 23.5
increase for the health budget also
includes a 28
rise in the commerce department 15
percent rise in housing
and a 10 increase for the energy
department's budget
mostly for clean energy projects now
meanwhile on the other side defense
budget increased by one and a half
percent
uh dhs right homeland security
didn't get any increase even though
we've gone through the worst
border crisis probably ever all together
to give you a sense of biden priorities
non-defense spending rose 16 in their
budget
defense spending increased just 2
percent and i want to tell you folks
even though it had a slight rise we
don't have the all the information for
the budget
i guarantee you when we see the 10-year
projections
you're going to have a much deeper cut
in military spending
so let's review the bidding here bring
in our great friend general
jack keane former vice chief of staff of
the u.s army retired
uh four-star general fox business senior
strategic analyst
and medal of freedom recipient general
thank you general
do you think that the government of
china will be cutting its military
budget
no in fact they're going through the
most rapid expansion
of their military capability in their
history it was already significant
before
president xi came in in 2013 but he he
really pushed the accelerator and put it
on fast forward
look at this this budget we're dealing
with here
is not recognizing the threat that we're
facing
yes it's not the draconian cuts that the
obama biden administration
made when they were in power for eight
years that was 20 percent cuts
and that literally cut into the bone but
that dug
a very deep hole larry that the trump
administration began to dig us
out of it but we said this would take
somewhere to six to eight years and
increase budgets year over year
somewhere in the neighborhood of three
to five percent
to be able to get us back to the kind of
parity we want
listen our commanders have come before
the senate and the house and have both
said
and both of our pacific commanders one
outgoing one incoming i've said pretty
much the same
there's no guarantee if we fought a war
against china today that we would win
indeed we could lose
and and they need additional funding to
be able to put
capability into the region that we
desperately need to do what
to build an effective deterrence so that
president xi who is very ambitious and
very aggressive we saw what he did to
hong kong
is not incentivized to take military
action
against taiwan or against the south
china sea which the likelihood
of such is increasing as we speak
so the defense budget is a key document
here
in providing us the kind of effective
military deterrence
that we need and this slight increase
doesn't even account for inflation
so when you put inflation in which is
about two percent or so
there's either a slight decline or it's
com it's completely flat
well i wouldn't it's just not gonna cut
it i will tell you general
okay i'll make a wager i will buy you a
lunch and two dinners
if they don't cut by eight or ten
percent over the 10-year period for
discretionary spending
in other words when this full budget is
published we're going to be
even more disappointed you're right it
won't be twenty percent like the obiden
years
but i think the democratic congress will
cut at least 10
which you know could be over 10 years as
much as 80 billion dollars
you know as a follow-up to my chinese
question do you think the russians
are cutting back on their military
budget
no they're not and i mean they have an
economy that's in the tank to be sure
and they've had significant covert 19
problems putin's popularity
is finally declining given his
aggressive actions and also the
mismanagement of
the quality of life experience the
russian people are happy but
he is very aggressive about developing
advanced technology
and very special capability overall his
military is no match for us
it's completely different than a
situation where china's military
but his very specialized capability are
pri are quite good and
quite profound and and they can contest
us
in his backyard which is eastern europe
or in ukraine where he clearly doesn't
have to move an
ocean away to get to the to the battle
scene yeah i think
so yes he has he has geographic
advantages
right and very specialized capability
which the russians are still good
he's not reducing his budget that's for
sure i think you know
you have praised the biden
administration's
approach to china's being tough i agree
with you other experts on the show agree
with you
but when i see budget stuff like this
general i think it undermines their
position
and that troubles me and again i'm going
to bet you a luncheon two dinners
when the congress gets through with this
it's going to be a
much lower figure for um
0.50 the military defense spending and
with the worst crisis on the southern
border
they're not even giving dhs even on
paper
any increase it's zero so it's less than
that in real terms so
anyway we'll talk some more about this
and we have some better time but thank
you sir
as always appreciate you coming on