Tue 6 Feb 2007
In the US, the proposed budget for the next civil year for the Defense Department has a 11% increase over what Congress provided for this fiscal year and a 62% increase over 2001.
From NY Times:
The proposed basic budget for the Defense Department is $481.1 billion, a 62 percent increase over 2001, Mr. Bush’s first year as president, and an increase of $49 billion But the figure does not include more than $93 billion in supplemental money in this fiscal year and about $145 billion in the next fiscal year for the Iraq and Afghanistan campaigns.
At the same time, Bush announced several cutbacks for social programs, like health and education. Well done Mr. Bush!!
Is is also interesting to note that the US is responsible for 58% of the total of World’s Military expenditures.