Graphic: 2013 Total Defense Spending 860.9B

Budgets & Funding, Corruption, True Cost
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Phi Beta Iota: If national intelligence budget is added (no less than $60B but probably closer to $100B is off-budget and non-defense contributions are added), comes closer to one trillion a year — which is what we borrow for a US federal budget of $3 trillion a year, one half of which is documented waste. Hence, eliminating the waste would not just eliminate the need to borrow one trillion a year, it would produce a $500 billion a year surplus.

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