Wednesday, March 16, 2011

Military Spending

Link: Cut Military Spending To Make Us Stronger

Summary: Current military spending in the United States is almost $489 bl dollars. The total proposed budget for the fiscal year is $3.5 trillion dollars. 1/7th of the total budget goes to military spending. Some propose cutting military spending to fund other things like education and healthcare.

Relevance: Again we talked about the federal budget, and how military and Department of Defense spending are both discretionary. They also account for a substantial part of the entire federal budget. We also did that activity with poker chips where we created a budget, and balanced it. For my group, military spending lost about 10%. There is no good solution when times are tight, but the government needs to make the decisions that will keep the country in success for the long term.

Opinion: I believe that military spending should be cut. The money could be placed elsewhere, perhaps paying off debt or education, which will be suffering extreme cuts. I believe education is what keeps the country successful in the long term. However, many claim that military is more important even thought it can be extremely wasteful. There needs to be a balance.

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