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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (458271)9/13/2003 10:28:40 AM
From: Peter O'Brien  Read Replies (1) of 769670
 
According to this link:

cbo.gov

For 2004,
defense spending is projected to be
$465B compared to total outlays of $2305B.

That is 20.2% of total outlays.
It is a small blip up compared to 1999,
and it is still very near an all-time
low based on our historical norms.

If you look at the years 1977-1980, you
will notice that even Jimmy Carter spent
roughly 23.0% of the federal budget on
defense! This is more than Bush is spending
NOW, despite the recent increases in defense
spending!
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