Tweet
These figures are from a line-by-line analysis of detailed tables in the “Analytical Perspectives” book of the Budget of the United States Government, Fiscal Year 2006. The percentages are federal funds, which do not include trust funds — such as Social Security — that are raised and spent separately from income taxes. What you pay (or don’t pay) by April 15, 2005, goes to the federal funds portion of the budget. The government practice of combining trust and federal funds began in the 1960s during the Vietnam War, thus making the human needs portion of the budget seem larger and the military portion smaller.
“Current military” includes Dept. of Defense ($427 billion), the military portion from other departments ($106 billion), anticipated “supplemental allowance” ($25 billion), and an unbudgetted estimate of supplemental appropriations ($85 billion). “Past military” represents veterans’ benefits plus 80% of the interest on the debt. Analysts differ on how much of the debt stems from the military; other groups estimate 50% to 60%. We use 80% because we believe if there had been no military spending most (if not all) of the national debt would have been eliminated. For further explanation, see box at bottom of this page.
“Current military” includes Dept. of Defense ($427 billion), the military portion from other departments ($106 billion), anticipated “supplemental allowance” ($25 billion), and an unbudgetted estimate of supplemental appropriations ($85 billion). “Past military” represents veterans’ benefits plus 80% of the interest on the debt. Analysts differ on how much of the debt stems from the military; other groups estimate 50% to 60%. We use 80% because we believe if there had been no military spending most (if not all) of the national debt would have been eliminated. For further explanation, see box at bottom of this page.
Comment