
Robert Farley says the "size of the defense budget itself represents a threat to U.S. national security":
[T]he In theory, this should not be such a remarkable insight; one common narrative explaining the end of the Cold War is that the United States drove the Soviet Union to economic ruin by forcing it to maintain an unsustainable military budget. As Bernard Finel suggests, the United States has now committed itself to a degree of dominance over potential rivals that may be unsustainable in the long run, and that in and of itself poses risks.
Joshua Foust likewise wants a serious assessment of Pentagon waste.
(Chart from Cato)