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> But we could spend 5% less and still spend more on the entire world combined and have tons of money for the sciences, social programs, etc. Fun fact: in the
by semi-extrinsic 8y ago
> But we could spend 5% less and still spend more on the entire world combined and have tons of money for the sciences, social programs, etc.
Fun fact: in the recent audit of the Pentagon, it was discovered among other things that of the funding they received last year, they had been unable to spend $28 billion of it. That's more than the entire budget of NASA in unused budget allocations.
- gigatexal 8y agoWow. Where does that unused budget go? Surely it doesn’t come back as a tax refund. Likely gets rolled over into next year’s budget so they can buy 600 dollar toilets: https://www.thenation.com/article/only-the-pentagon-could-spend-640-on-a-toilet-seat/ https://www.thenation.com/article/only-the-pentagon-could-sp...
- semi-extrinsic 8y agoNo, AFAICT it doesn't get rolled over. More likely it doesn't get added to the deficit, so the money just literally disappears. The system works pretty strangely when you have the power to lend yourself unlimited money...