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Posts Tagged ‘budget’

US military budget increased yet again

When Democrats took control of Congress, some naively expected a change in spending priorities. But that isn’t the case at all. In fact, Democrats are proposing to spend $733 billion per year for defense, an increase of 2.6%. That is slightly less than the $750 billion in the Trump administration budget.

To put in perspective, the 2015 budget spent $586 billion on military spending. In real dollar terms, that is an increase of over $100 billion per year — money that could be invested in infrastructure, education, health care, or any number of domestic programs.  

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