In 2013, the United States spent 17.7% of its budget on national defense (about 670 billion dollars) (Link). The deficit for that year was $900 billion. So even if the United States had absolutely no military or national defense, we would have still spent $230 billion of borrowed money.
Does the US spend too much or too little on national defense?
Showing posts with label national defense. Show all posts
Showing posts with label national defense. Show all posts
Sunday, August 31, 2014
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