Sunday, March 23, 2003

US Military consumes half federal budget
'"The Fiscal Year 2004 budget request includes $782 billion for discretionary spending (the money the President and Congress must decide and act to spend each year), $399 billion of which will go to the Pentagon. The "National Defense" category of the federal budget for FY04 accounts for over half (51.0 percent) of all discretionary spending." By comparison, the next largest federal budget category is $55 billion for education.'

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