The Peace Dividend: It Belongs to the People Not Congress

Publication Date: February 1990

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Stuart M. Butler

Research Area: Banking and finance

Keywords: Budget

Type: Report

Abstract:

Americans should be skeptical about the Peace Dividend. They should insist on seeing real defense savings materialize before those savings are committed to new programs. And they should remind their representatives in Congress that dividends normally are paid to investors, not kept by the corporation.To the extent that there is a Peace Dividend, it should be returned to taxpayers in ways that address the problems faced by ordinary Americans, and not kept in Washington to
finance a congressional spending spree.