The ProposedDiscretionary Budget

MilitarySpending

58%

Environment, Energy & Science 6%

Transportation 2%

Income Security & Labor 2%

International Affairs 4%

Health 5%

Housing and Community 5%

Government 6%

Food 1%

Education 6%5% Veterans' Benefits

$1.24 Trillion

www.nationalpriorities.org

Brief Look at Proposed2012 Military Spending

$553 billion for Pentagon base budget(43% increase over a decade)

$118 billion for war

$19.3 billion for nuclear weapons(21% increase over a decade)

$7.8 billion for “misc.”

$6.6 billion in military aid to “foreign” nations

www.nationalpriorities.org

Cutting Pentagon Spending

Saving $960 bn in One Decade:Rethink, Reset, Reform

Reduce number of nuclear weapons and delivery systems =$194 billion

Cancel Cold War and ill-performing weapons research, development and procurement =$139 billion

Reduce active-duty troops in Europe & Asia & similar cuts in Air Force and Navy =$394 billion Sustainable Defense Task Force

Debts, Deficits, and Defense: A Way Forward

1977

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1987

1989

1991

1993

1995

1997

1999

2001

2003

2005

2007

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2011

Est

.

2013

Est

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2015

Est

.$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

Impact: The DiscretionaryBudget Over Time

Domestic

Military Recovery Act

Billions of $2010

International Affairs

www.nationalpriorities.org

Brief Look at Waste,Fraud, and Abuse

In a 10.6 letter from Tom Carper to Leon Panetta DOD Inspector General notes inability to recoup approx.

$200 million in delinquent debts due to poor (basic) record keeping

Commission on Wartime Contracting found $30bn to $60bn in largely avoidable DOD waste and fraud related to Iraq and Afghanistan wars

Government Accountability Office found $402bn in total major weapons system overruns; up from $42bn in 2000

www.nationalpriorities.org

Impact on Employment

Military Clean Energy Healthcare Education0

10,000

20,000

30,000

Political Economy Research Institute, 2009

What does $1 billion get us in terms of jobs

Direct JobsIndirect JobsInduced Jobs

11,600

17,100

19,600

29,100

Trade Offs: Pentagon Spending v. Proposed Program Cuts

FY2012 Pentagon Proposed Budget (w/o wars, nukes) – $533 Billion

Proposed FY2012 Cuts

Medicare ($19.6 billion) – 13 Days

CDBG ($2.2 billion) – 35 Hours

LIHEAP ($2.5 billion) – 40 Hours

TANF ($3.98 billion) – 63 Hours

www.nationalpriorities.org

Trade Offs: Creating Jobs

FY2012 Pentagon Proposed Budget (w/o wars, nukes) – $533 Billion

2.7 million Elementary School Teachers AND

3.1 million Firefighters AND

2.6 million Police or Sheriff's Patrol Officers

www.nationalpriorities.org

Trade Offs: Your Tax Dollars

Weapons:7.6 pennies of every individual federal income tax dollar

2.5X more than

CHIP: 2/7 of one penny

TANF: 2/3 of one penny

Section 8: 1/3 of one penny

CDBG: 1/5 of one penny

WIC: 1/4 of one penny

Head Start: 1/4 of one penny

Weatherization Asst: 2/3 of one penny

www.nationalpriorities.org

Take Aways

Military spending is growing, as always, and is just too big to ignore

Wider recognition that military spending pressures funding for other needed programs – including assistance to state budgets

Pentagon spending is “un-auditable”

Military industries are worried about cuts and are pushing back