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Tag Archives: military budget

The U.S. Spends More on Its Military Than 144 Countries Combined | nationalpriorities.org

$121.1 billion. That’s how much more money the United States spends on its military than 144 other countries combined.

$121.1 billion. That’s how much more money the United States spends on its military than 144 other countries combined, according to the latest update to available data on military expenditures compiled by the Stockholm International Peace Research Institute (SIPRI). That’s not to mention the number by which the United States also outspends the next 7 largest military budgets combined: $40.1 ...

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Guest: Time to cut defense spending | HeraldTribune.com

By GENE JONES As the slow growth economy grinds on for most Americans, one economic segment is unlikely to feel the pain — the Department of Defense and defense contractors. Within the last month, the House of Representatives passed a super-sized defense budget and most representatives voted to continue the folly in Afghanistan by funding the counterproductive war for another ...

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Greece’s austerity doesn’t extend to its arms budget | Paul Haydon, guardian.co.uk

In the wake of the private sector debt swap agreed last week, European leaders have continued to call for major structural reforms to Greece’s economy and society. The current EU-IMF bailout remains conditional on further austerity measures, including reducing pensions, the minimum-wage and civil service jobs. However, one area of the Greek budget doesn’t seem to have received much scrutiny: ...

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