Friday, May 09, 2008

Your Tax Dollars at Work!

The Military-Industrial/CounterTerror-Industrial Complex is alive and well. The below chart is the enacted discretionary funding for 2008, as reported by the OMB. Specifically, it’s tabulated from “Table S–3. Discretionary Funding by Major Agency” of this document.

By the way, this doesn’t include any “supplemental” funding that Congress authorized for the Global War on Terror. For 2007, that was $173.6B. That’s 19.7% of the $880B Discretionary Budget, except that 19.7% isn’t included in the $880B Discretionary Budget; it’s additional spending. For 2008, there is a proposed supplemental funding of $108.1B dedicated for the GWOT. That’s in addition to the $479.5B that’s already slated for Discretionary Spending, for a grand total of $587.6B to be spent on defense this year.



Oh, and we’re operating at a deficient of -$410B this year. That’s an increase from the -$162B deficit that we spent last year of $248B.

I wish there was a joke here somewhere, but I can't seem to think of one.

Enjoy!

1 comment:

Jennifer said...

I think I might throw up.