4 ms·
I think it depends on how you account for defense spending. For example that doesn’t include veterans benefits. This anti war group is probably over estimating
by TaylorAlexander 3y ago
I think it depends on how you account for defense spending. For example that doesn’t include veterans benefits. This anti war group is probably over estimating it at 48% but it’s still significant.
https://www.warresisters.org/store/where-your-income-tax-money-really-goes-fy2022-published-2021 https://www.warresisters.org/store/where-your-income-tax-mon...
- dantheman 3y agohttps://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/ https://fiscaldata.treasury.gov/americas-finance-guide/feder... ~16% is defense + veterans
- TaylorAlexander 3y agoThe anti war group considers that a significant portion of debt repayment is due to defense spending too. I’m not sure their calculation of amount is fair but it does make me wonder how much of that to count.
- dantheman 3y agoThe majority of the us budget is on welfare programs like medicare/medicate and social security.