During remarks on the Senate floor Thursday, Senate Minority Leader Mitch McConnell (R-KY) spoke about defense funding.
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Category
🗞
NewsTranscript
00:00Now, on another matter, this week the Armed Services Committee has been marking up the
00:05National Defense Authorization Act for the coming year.
00:10In the past, the committee has prided itself on considering hundreds of amendments and
00:15thoroughly exercising Congress oversight responsibilities in the process.
00:21I expect this year to be no different.
00:25But one essential question hangs over both the NDAA and the appropriations process to
00:31come.
00:33Is Congress ready, finally ready, to fulfill our most fundamental responsibility of adequately
00:42providing for the common defense?
00:44This, of course, remains an open question.
00:50For a fourth straight year, the process of funding the federal government began with
00:54a White House budget proposal that would impose net cuts to the national defense.
01:01I've said it before, how can we expect to keep up with the pacing threat, the PRC, if
01:12our military budgets don't even keep pace with inflation?
01:17I know a number of our Democratic colleagues recognize that the threats we face are growing
01:22and that our defense requirements are growing along with them.
01:28But they don't seem to be ready to respond with any sense of urgency.
01:32Senate Democrats continue to indicate that they'll stick to their longstanding demand
01:37for artificial parity between defense and non-defense appropriations for any increases
01:44above the president's budget.
01:48It's time for all of us to face the actual facts.
01:53The threats we face have grown since the bipartisan budget caps were negotiated.
01:59They've grown since the president's budget was drafted.
02:04The defense of Israel and Ukraine continue to offer lessons on the glaring need for modern
02:11air and missile defenses.
02:14We've learned how insufficient our inventories of critical long-range munitions might be
02:20in the event of a direct conflict in the Pacific.
02:25And with the risk of simultaneous conflict in multiple regions actually growing, the
02:31enduring importance of the two-war force planning construct is making itself abundantly clear.
02:41This is the reality our colleague, Ranking Member Wicker, was grappling with when he
02:46put together a detailed plan for an overdue generational investment in the national defense.
02:53And I'm grateful to my friend for his leadership.
02:59A serious roadmap for preserving our military primacy is on the table.
03:05The question now is whether the Senate will follow it.
03:10Whether we'll lay the groundwork right now for urgent investments in critical munitions,
03:15long-range fires, sea power, and in the defense industrial base required to sustain all of
03:23it for long-term strategic competition.
03:29Way back in 1940, when the scope of the access threat was finally so glaringly obvious that
03:37even longtime skeptics began to soften their opposition to long-overdue military investment,
03:44the Chief of Naval Operations, Admiral Harold Stark, pointed out a harsh reality.
03:54Dollars can't buy yesterday.
04:01We're already facing a steep uphill climb to prepare America's armed forces to deter
04:06aggression and out-compete our adversaries.
04:12You can't surge readiness.
04:15We can't modernize overnight.
04:21Yesterday is right now, and it's time to invest in what we need to deter and defeat looming
04:29threats.
04:32So I'll be watching our colleagues work closely, and I'll urge the Democratic leader to bring
04:36the NDAA to the floor for consideration as soon as the committee completes its work.