Time for Major Cuts in Defense Spending

Over the past decade, the United States has engaged in the most significant increase in defense spending since the Korean War. Trillions of dollars have been allocated for the Pentagon, with little congressional monitoring or internal oversight. The defense budget for 2012 exceeds $600 billion, nearly equaling the combined defense spending of the rest of world. Every U.S. taxpayer spends twice as much for the cost of national defense as each British citizen; five times as much as each German; and six times as much as each Japanese. Recent U.S. military expenditures include more than $2.5 trillion to wage unwinnable wars in Iraq and Afghanistan that have failed to enhance American security.

via Time for Major Cuts in Defense Spending.

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