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.
Today the Congressional Budget Office released a new report, “Illustrative Options for National Defense Under a Smaller Defense Budget,” that outlines three different options for cutting funding for the Department of Defense by $1 trillion, or 14 percent, over the next ten years.
Two votes on cuts to the Pentagon budget today showed more members of Congress are willing to take a stand against a bloated Pentagon budget that has fueled endless wars and obscene profits for military contractors.
Over 20 years, the U.S. has spent more than $21 trillion on militarization, surveillance, and repression — all in the name of security. These investments have shown us that the U.S. has the capacity and political will to invest in our biggest priorities.
