Sunday, July 16, 2017

“House Approves $696 Billion Military Spending Bill”; A Comment

“House Approves $696 Billion Military Spending Bill”
by Jason Ditz

"In a 344-81 vote yesterday, the House of Representatives passed their version of the 2018 National Defense Authorization Act (NDAA), a $696 billion spending bill which far exceeds the amount of money sought by the Pentagon and the Trump Administration. The bill has a base $621.5 billion funding, and $75 billion in the Overseas Contingency Operations (OCO) fund, which includes at least $10 billion that are earmarked as part of the OCO but intended to be spent on domestic military spending.

The bill was supported by a majority of Democrats, and the overwhelming majority of Republicans. Indeed, only eight Republicans voted against the bill, with three other abstentions. The bill still has to be reconciled with its Senate alternative before becoming law.

President Trump had proposed a very large increase in military spending, compared to those sought in recent years, with an eye on a bigger Navy. Congressional hawks were deeply critical of even this large proposed increase as insufficient, and sought to outdo it with a bigger, pricier version.

There still hasn’t been a proper resolution to the 2011 sequestration rules, which Congress has ignored every year since at any rate, but on paper, the legal cap on the pre-OCO budget is supposed to be $549 billion, which will obviously be far exceeded. Obviously this is by far the biggest military spending bill on the planet, many times what the second largest military, China, spends in a year.”
A Comment: So, despite THIS: $6.5 TRILLION Missing From Defense Department”; and having - at present- a $20 trillion national debt; with the proposed new Federal budget cutting social programs deeply while the real unemployment rate is 23.5%; 10,000 stores closing this year and corporate bankruptcies increasing daily; states like Illinois and New Jersey bankrupt, and many others very nearly so; while 70% of the population doesn't even have $400 in the bank, and would have to use a credit card, borrow it or sell something in case of an emergency; while 47 million people literally live in poverty in this great land of the free and home of the brave... we have money for this insanity? Really?!

"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron."
- Dwight D. Eisenhower

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