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« Congress to Re-legalize War Propaganda | Main | Kelley B. Vlahos - War Inc. Shifts Homeward »
Wednesday
May302012

Elizabeth Rose - The Pentagon’s Spending Spree

Are you wondering where your tax dollars are going? Then take a look at the $642.5 billion stuffed into the National Defense Authorization Act, which the House of Representatives recently approved.

House Republicans may spout plenty of concern about the nation's budget deficit, but their version of the Pentagon's budget tops the spending levels they had agreed to a few months ago by $8 billion. It's also $4 billion above the total that President Barack Obama and the Pentagon requested.

These politicians are trying to fund Cold War-era weapons that our military doesn't want and that have been dismissed as outdated and unnecessary by the top brass — leaders like Gen. James Cartwright, the retired vice chairman of the Joint Chiefs of Staff and a former commander of the country's nuclear forces.

The U.S. military budget is six times that of China, and tops the next 17 highest-spending countries combined.

Military spending has played a significant role in increasing the national debt. Over the last decade, the Pentagon's budget has nearly doubled.

The wars in Iraq and Afghanistan have also contributed to this soaring increase in defense spending and to record deficits.

The drawdown of troops from Afghanistan and Iraq should mean the Pentagon will spend less. But giant military contractors have dumped a fortune into campaign contributions and lobbying, making sure that any and all anticipated savings are going to expensive weapons systems — all paid for by you through your taxes.

Read More:

http://www.nationofchange.org/pentagon-s-spending-spree-1338198664