NATO is a great drain on our treasury and serves no strategic purpose. Rep. Barney Frank (D-MA)
In order to address the deficit the only compromise that I think we can have is you have to look at the whole budget. Sen. Rand Paul (R-KY)
So here's the question: Should NATO spending be cut?
Excerpted from Barney Frank: Cut NATO Spending, It 'Serves No Strategic Purpose' By Amanda Terkel, The Huffington Post, First Posted: 12-27-10 02:25 PM | Updated: 12-27-10 03:40 PM
Lawrence J. Korb, a senior fellow at the Center for American Progress estimates that approximately 20 percent of the baseline defense budget is NATO-related, resulting in about $100 billion in spending each year. Interestingly, that amount is the same figure that House Republicans have pledged to cut from the federal budget next year, representing approximately one-fifth of the domestic discretionary budget. The GOP instead plans to slash spending for education, firefighters and cancer research.