The era of large defense budgets is back, with the Pentagon unveiling an ambitious spending plan that seeks to pivot from the counterterrorism operations that have shaped the last decade to the great-power conflicts that will define the future. A two-year budget agreement paves the way for lawmakers to fund defense at $700 billion in fiscal 2018 and $716 billion in fiscal 2019, and hopefully avoid devastating budget gridlock next year. In fiscal 2018 alone, this is an 11% increase over ...

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