China: U.S. Spends Too Much on Military

China: U.S. Spends Too Much on Military: "BEIJING – The United States is spending too much on its military in light of its recent economic troubles, China's top general said Monday while playing down his country's own military capabilities.

The chief of the General Staff of the People's Liberation Army, Chen Bingde, told reporters that he thought the U.S. should cut back on defense spending for the sake of its taxpayers. He was speaking during a joint news conference in which he traded barbs with visiting U.S. counterpart Adm. Mike Mullen.

'I know the U.S. is still recovering from the financial crisis,' Chen said. 'Under such circumstances, it is still spending a lot of money on its military and isn't that placing too much pressure on the taxpayers?'

'If the U.S. could reduce its military spending a bit and spend more on improving the livelihood of the American people ... wouldn't that be a better scenario?' he said.

(Excerpt) Read more at foxnews.com ..."