You have to walk your talk, America

Military asks for $581 Billion – In addition to war costs!

Written on November 18, 2008 – 6:37 pm | by Schizo America |

Danger Room: What’s Next in National Security, WIRED Magazine’s blog on the Military, has the following post:

Pentagon Wants $581 Billion From Obama –

War Costs Not Included

By Noah Shachtman

Moneytoburn Give the boys in the Pentagon credit; they’ve got chutzpah. While the federal government hemorrhages money — and everyone from Goldman Sachs to General Motors to the city of Philadelphia is looking for more Washington cash — the Defense Department is getting ready to ask for its biggest budget yet. The Pentagon is telling the Obama transition team that it wants $581 billion for the next fiscal year, an increase of $67 billion. And that doesn’t even count cash needed to pay for the wars in Iraq and Afghanistan.

The cash request “includes $524 billion in spending authority approved by the White House Office of Management and Budget this spring… as well as $57 billion in additional needs the Office of the Secretary of Defense identified over the summer,” reports Inside Defense.

The final figure does includes some money — $12 billion — to pay for a few “predictable war costs,” Inside Defense adds. But that’s less than what operations in Afghanistan and Iraq cost every month.

In contrast, President Bush inherited a Pentagon budget that was a mere $302 billion.

My analysis: I guess everyone has their hand out, so why not go for broke? Here’s why not…  You’ll leave AMERICA broke.

Related Posts

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.
Search:

My Favorite Good Guys

Larkin Edgewood
advertise here advertise here advertise here