House Republicans today proposed a $1.072 trillion Pentagon spending bill for FY2027, with a massive surge in munitions funding in response to shortages in U.S. stockpiles as a result of the ongoing war in Iran and significant drawdowns to arm Ukraine.

Cato senior fellow Katherine Thompson argues the spending increase without structural reforms on munitions expenditure is an expensive band-aid. In a recent commentary, she traces the munitions crisis to unchecked use of Presidential Drawdown Authority and a bipartisan failure to exercise strategic restraint — problems that more spending alone cannot fix.

Thompson is available to discuss what meaningful reforms Congress should attach to any munitions funding and what a fiscally responsible, strategically sound approach to readiness looks like.

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