Monday, September 25, 2017

Masters of War: Senate Defense Budget Set to Exceed One Third of Global Military (VIDEO)



By Ben Dangl
It’s unconscionable that the Senate approved a military spending package that is three times as much as China spends on its military, and 10 times as much as Russia. 

Moreover, the spending package is almost double what Donald Trump requested.

According to the Intercept, “One of the most controversial proposals put forward by Senator Bernie Sanders during the 2016 presidential campaign was a pledge to make tuition free at public colleges and universities. Critics from both parties howled that the pie-in-the-sky idea would bankrupt the country. Where, after all, would the money come from?

Those concerns were brushed aside Monday night, as the Senate overwhelmingly approved an $80 billion annual increase in military spending, enough to have fully satisfied Sanders’s campaign promise. Instead, the Senate handed President Donald Trump far more than the $54 billion he asked for. The lavish spending package gives Trump a major legislative victory, allowing him to boast about fulfilling his promise of a great rebuilding of the armed services.

The bill would set the U.S.’s annual military budget at around $700 billion, putting it within range of matching the spending level at the height of the wars in Afghanistan and Iraq.

To put that in further perspective: If the package becomes law, U.S. military spending would exceed the total spending of its next 10 rivals put together, going off of 2016 military spending estimates from the Stockholm International Peace Research Institute.

“Before the bill becomes law, it has to be reconciled with the version the House already passed, which contains a similar $77 billion spending increase. It is likely to become law by the end of the year.”