Wednesday, December 12, 2007

The costs of waging war.

The government of the United States is in the middle of a long time trend of increasing the amount of money that it dedicates annually to preparing for and waging war. This trend while to some degree or other has existed in every administration is now reaching new and unprecedented heights under the presidency of George Bush. Here now is a quick breakdown of the Federal budget for fiscal year 2008 and a glimpse into how your tax dollars will be spent next year:
The total amount of revenue the government will take in is 2 trillion 387 billion dollars. Spending for the military is set at 1 trillion 228 billion dollars or 51% of the budget. This includes spending for the efforts in both Iraq and Afganistan which make up a combined total of 7% of the overall budget (161 billion) projected for the coming year. The budget for the Department of Defense will be 585 billion. The military portions of the budgets of other departments like Nasa for example as well as other departments will be 122 billion. This includes "past military" spending such as veterans benefits.
Spending that is non military---1 trillion 159 billion dollars or 49% of the budget. These figures are according to the U.S. Government Accounting office report estimate released in july of 2006.

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