News Focus
News Focus
icon url

fuagf

01/17/11 8:14 PM

#124162 RE: rbl100 #124148

rbl100 .. Defense-related expenditure? 2011 Budget request & Mandatory spending .. Calculation

DOD spending .. $721.3 billion .. Base budget + "Overseas Contingency Operations"
FBI counter-terrorism .. $2.7 billion .. At least one-third FBI budget.
International Affairs .. $10.1–$54.2 billion .. At minimum, foreign arms sales. At most, entire State budget
Energy Department, defense-related .. $20.9 billion
Veterans Affairs .. $66.2 billion
Homeland Security .. $54.7 billion
NASA, satellites .. $3.4–$8.5 billion .. Between 20% and 50% of NASA's total budget
Veterans pensions .. $58.4 billion
Other defense-related mandatory spending .. $7.5 billion
Interest on debt incurred in past wars .. $114.8–$454.2 billion
Total Spending $1.060–$1.449 trillion
http://en.wikipedia.org/wiki/Military_budget_of_the_United_States
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total spending

The projected gross domestic product is listed at $15.3 trillion and the projected population for 2011 is shown as 311.6 million.

The federal budget for 2011 is projected at $3.83 trillion in total spending. This is to include:
$787.6 billion in pensions, $898 billion in health care expenditures, $140.9 billion for education, $928.5
billion in defense spending, $464.6 billion in welfare spending, $57.3 billion in protective services such
as police, fire, law courts, $104.2 billion for transportation, $29 billion in general government expenses,
$151.4 billion in other spending including basic research, and $250.7 billion on interest payments.
http://en.wikipedia.org/wiki/2011_United_States_federal_budget

'Meaning' .. $1.060–$1.449 trillion = 1.2545 trillion.

So .. 1.2545 / 3.83 * 100 = 32.75% .. being generous, almost double your ..

2. Defense is next at 18.8% of the budget
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58827597