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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (138435)

10/9/2013 2:41:28 PM

From: John Vosilla

Read Replies (1) | Respond to of 149317

what we need to do is shave $500B per year out of the military and Homeland Security and earmark it for health care. I think I'd be ok with that.

The U.S. Department of Defense budget accounted in fiscal year 2010 for about 19% of the United States federal budgeted expenditures and 28% of estimated tax revenues. Including non-DOD expenditures, military spending was approximately 28–38% of budgeted expenditures and 42–57% of estimated tax revenues.[ citation needed] According to the Congressional Budget Office, defense spending grew 9% annually on average from fiscal year 2000–2009.

Budget breakdown for 2012[ edit]

Defense-related expenditure	2012 Budget request & Mandatory spending [22] [23]	Calculation [24] [25]
DOD spending	$707.5 billion	Base budget + "Overseas Contingency Operations"
FBI counter-terrorism	$2.9 billion	At least one-third FBI budget.
International Affairs	$5.6–$63.0 billion	At minimum, foreign arms sales. At most, entire State budget
Energy Department, defense-related	$21.8 billion
Veterans Affairs	$70.0 billion
Homeland Security	$46.9 billion
NASA, satellites	$3.5–$8.7 billion	Between 20% and 50% of NASA's total budget
Veterans pensions	$54.6 billion
Other defense-related mandatory spending	$8.2 billion
Interest on debt incurred in past wars	$109.1–$431.5 billion	Between 23% and 91% of total interest
Total Spending	$1.030–$1.415 trillion