Graphic: 2013 Total Defense Spending 860.9B

Budgets & Funding, Corruption, True Cost
0Shares
Click on Image to Enlarge
Click on Image to Enlarge

Source

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.

Opt in for free daily update from this free blog. Separately The Steele Report ($11/mo) offers weekly text report and live webinar exclusive to paid subscribers, who can also ask questions of Robert. Or donate to ask questions directly of Robert.