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The Real Breakdown of the Federal Budget

April 8, 2011

Here is a page that smashes through the government spin and exposes the real amount of money spent by the US government on the military. For decades the US has been hiding the true cost of the military portion of the budget by rolling unpaid expenses from previous wars into other parts of the budget and hiding some of the DoD spending under human services and general expenses. Let’s also not forget that the majority of the debt was brought on by wars and therefore a large portion of the interest on the dent is also military spending. Last but not least, official figures roll Social Security and Unemployment Insurance into the general fund. These funds were collected separately for a separate purpose. Folding them into the general fund has the effect of making the military budget seem smaller than it is.

I’m not recommending that we cut military expenditures while fighting three wars [Thank you President Obama for giving us a third war!], I’m recommending that we stop fighting three wars and then cut military expenditures.

Right wingers seem to believe that we can balance the budget by cutting food stamps, CPB and foreign aid. Once again, they haven’t a clue what they’re talking about. These parts of the budget are tiny compared to the military budget – and it’s completely unfair (and possibly illegal) to cut spending on Medicare, Medicaid and Social Security in order to pay for other services. The funds in question were collected under taxes enacted specifically for that purpose. Cutting them would be an example of a bait and switch con.

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From → Economy, Politics

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