Spending Unlimited

Created
Wed, 27/03/2024 - 00:36
Updated
Wed, 27/03/2024 - 00:36

The White House released its budget proposal for Fiscal Year 2025 on March 11th, and the news was depressingly familiar: $895 billion for the Pentagon and work on nuclear weapons at the Department of Energy. After adjusting for inflation, that’s only slightly less than last year’s proposal, but far higher than the levels reached during either the Korean or Vietnam wars or at the height of the Cold War. And that figure doesn’t even include related spending on veterans, the Department of Homeland Security, or the additional tens of billions of dollars in “emergency” military spending likely to come later this year. One thing is all too obvious: a trillion-dollar budget for the Pentagon alone is right around the corner, at... Read more

Source: Spending Unlimited appeared first on TomDispatch.com.

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