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Thursday, July 15, 2010
News Calculating the U.S. military's budget with Oreos
Posted By Rhiannon Fionn-Bowman on Thu, Jul 15, 2010 at 11:36 AM
Ever wonder how much of our country's budget is consumed by the military? Ben and Jerry's co-founder, Ben Cohen, breaks it down using Oreo cookies. Check it out:
With that in mind, I thought you'd like to know that in the midst of The Great Recession, Washington is just beginning to talk about cutting the military's over-inflated budget.
Reps. Barney Frank and Ron Paul weigh in at The Hill's Congress Blog:
As members of opposing political parties, we disagree on a number of important issues. But we must not allow honest disagreement over some issues interfere with our ability to work together when we do agree.By far the single most important of these is our current initiative to include substantial reductions in the projected level of American military spending as part of future deficit reduction efforts. For decades, the subject of military expenditures has been glaringly absent from public debate. Yet the Pentagon budget for 2010 is $693 billion — more than all other discretionary spending programs combined. Even subtracting the cost of the wars in Iraq and Afghanistan, military spending still amounts to over 42% of total spending.
It is irrefutably clear to us that if we do not make substantial cuts in the projected levels of Pentagon spending, we will do substantial damage to our economy and dramatically reduce our quality of life.
Read the rest of this post here.
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