In fiscal year 2015, Pentagon and related spending will total $598 billion, accounting for 54 percent of all federal discretionary spending. That's roughly the size of the next seven largest military budgets around the world, combined.
In July, lawmakers voted along bipartisan lines to pass a budget deal (now also Trump-approved) that will fund the federal government for the next two years, and help the United States avoid a potentially catastrophic default on its debt for the same period. But the deal didn’t come cheap: it came at the price of an astoundingly high, $738 billion military budget.
$121.1 billion. That’s how much more money the United States spends on its military than 144 other countries combined.
In the seven sections of the Moral Budget, we look at policies and investments for seven critical areas of the Poor People’s Moral Agenda.
Tax Day is April 15, 2019. Want to know what your taxes pay for, and who pays what?
