Tuesday, December 22, 2009

Massive Hike in Military Spending Financed by Cuts in Health and Education

With overwhelming bipartisan support, the United States House of Representatives on Wednesday passed a massive $636 billion military appropriations bill for 2010.

The bill includes some $128 billion for the wars in Iraq and Afghanistan, but it does not fully fund the Obama administration’s escalation in Afghanistan, making likely further appropriations for war spending next year.

The deployment of 30,000 additional US troops is expected to cost $35 to $40 billion a year. On Wednesday, the Pentagon announced that the first of the new troops ordered to Afghanistan have begun to arrive.

All told, US military spending in 2010 will be close to $700 billion. If one adds the hundreds of billions of dollars in military-related spending included in the budgets of other departments, the total is as much as $1 trillion. (more)

No comments:

Post a Comment