Defense Budget
Yemen’s defense spending has historically been one of the government’s three largest expenditures and is expected to remain high as a result of the reinstatement of conscription and security threats posed by terrorism and tribal conflict. The defense budget increased from US$540 million in 2001 to an estimated US$2 billion–US$2.1 billion in 2006, to which it is probably $3.5 billion by 2012. According to the U.S. government, the 2006 budget represents about 6 percent of gross domestic product.
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Famous quotes containing the words defense budget, defense and/or budget:
“There’s no telling what might have happened to our defense budget if Saddam Hussein hadn’t invaded Kuwait that August and set everyone gearing up for World War II½. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, it’s possible.”
—P.J. (Patrick Jake)
“He said, truly, that the reason why such greatly superior numbers quailed before him was, as one of his prisoners confessed, because they lacked a cause,—a kind of armor which he and his party never lacked. When the time came, few men were found willing to lay down their lives in defense of what they knew to be wrong; they did not like that this should be their last act in this world.”
—Henry David Thoreau (1817–1862)
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)