[lbo-talk] 2004 military spending 47 percent of total Federal outlays

Diane Monaco diane.monaco at emich.edu
Tue Feb 3 06:40:29 PST 2004


Where your income tax money really goes. http://www.warresisters.org/piechart.htm

[27 percent]: Current Military, $459B:Military Personnel $99B, Operation and Maintenance $133B, Procurement $68B, Research and Development $58B, Construction $6B, Family Housing $4B, Retired Pay $39B, DoE Nuclear Weapons $16B, 50% NASA $8B, International Security $7B, 60% Homeland Security $16B, misc. $5B Note: President Bush does not include any funds for the war on terrorism or the war on Iraq in this budget, which he expects to request later as supplemental funding.

[20 percent]: Past Military, $345B: Veterans? Benefits $63B; Interest on National Debt (80% estimated to be created by military spending) $282B



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