2/04/2008

Highest Military Spending

from democracynow.org

Bush Proposes Highest Military Budget Since World War II

President Bush is expected to unveil a budget today that includes military spending of more than $515 billion. The New York Times reports that if approved, military spending will reach its highest level since World War II.

The figure does not include supplemental funding for nuclear weapons or the wars in Iraq and Afghanistan, which has already topped $600 billion.

The Pentagon budget proposal marks a seven-percent increase over last year and the 11th consecutive year its gone up.

It comes just days after the Bush administration announced plans to seek deep cuts to Medicare and a freeze on new Medicaid spending. Overall the White House is trying to slash $208 billion from federal health programs over the next five years.

The Bush administration has increased military spending by 30% since taking office.

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