In 2011, on this day the ruinously high costs of providing a nuclear shield to American allies was carefully examined by the US Congress Joint Select Committee on Deficit Reduction.
Flaithiulacht The Federal Deficit forces America to call time on "Ruinous Generosity"Back in August, the Debt Celling Negotiations had introduced a "trigger mechanism" that should this Supercommittee fail to reach an agreement, disproportionate cuts would fall upon the defense budget. And for the past two decades the centrepiece of America's critical defense program had been the Strategic Defense Initiative. But the costs of providing a ground and space-based systems to protect the United States and its allies from attack by strategic nuclear ballistic missiles had become prohibitively expensive.
The problem was that there was an even bigger picture in November. That very day the International Atomic Energy Agency released a report estimating that Iran was less than eighteen months away from acquiring nuclear capability. Therefore the removal of the nuclear shield from Israel was currently unthinkable. And with the Eurozone close to financial collapse, America could not seek to recover costs from faltering countries such as Italy and Greece. Coming into view was the prospect of a contracted nuclear shield for critical coverage, a decision that could split the Western Alliance.