Defense spending soars to highest levels since World War II

[RedEarth]

WASHINGTON - As the Iraq war enters a fifth year, the conflict that President Bush's aides once said would all but pay for itself with oil revenues is fueling the highest level of defense spending since World War II.


Even with past spending adjusted upward for inflation, the $630 billion provided for the military this year exceeds the highest annual amounts during the Reagan-era defense buildup, the Vietnam War and the Korean War.


When lawmakers approve a nearly $100 billion emergency spending bill in the next few weeks, Congress will have appropriated $607 billion for the wars in Iraq and Afghanistan, with about 75 percent going to Iraq, according to a new Congressional Research Service study obtained by McClatchy Newspapers.


Less than three months after assuming control of Congress, Democrats are moving away from their election campaign pledges to restrict or eliminate funding for Iraq. "Nobody wants to be labeled anti-military for the crime of cutting the budget," said Winslow Wheeler, an analyst at the Center for Defense Information in Washington. "It makes supporting whatever the military services request a political necessity amongst both Democrats and Republicans."

........

Already, the United States is spending almost as much on its military as the rest of the world spends on combined armed forces.



http://www.realcities.com/mld/krwashington/16935815.htm

[IWantAChange]

1. Disheartening - the US spends nearly as much as the rest of the World on defense

More than ever it's time to change the Repuke world of FEAR to the Democratic world of HOPE

[RaleighNCDUer]

2. Gee, sure is a good thing that privitization and use of contractors

is saving us so much money...