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OBAMA’S PROPOSED DEFENSE BUDGET:2.5% of GDP
Romney’s proposed defense             budgetROMNEY’S PROPOSEDDEFENSE BUDGET:    4 percent of GDP4% of GDP
2012 ENTITLEMENT SPENDING AS A PERCENTAGE OF:      70      60      50      40      30      20      10       0            F...
2012 PROJECTIONS   MANDATORY SPENDING        ($2,070)DEFENSE SPENDING($531)                                               ...
SNAPshot  Since 2002, spending for the federal  government’s food stamp program, the  Supplemental Nutrition Assistance Pr...
PICKING UP THE HEALTH CARE TAB The federal government financed 29 percent of total health spending in 2010, up from 23 per...
DEFENSE NOW LESS THAN 20% OF THE BUDGET  In four years, projected defense spending has  been reduced by $800 billion.
GUNS   VS.   BUTTERUnder sequestration, major entitlementswould be cut by 15%. Non-defense discretionaryprograms take a hi...
2012 MANDATORY SPENDING PROJECTIONSIn 2012, Social Security is expected to payout $770 billion, Medicare will pay $560bill...
ENTITLEMENT SPENDING INCREASES 2000-2012 (BILLIONS $)  800  700  600  500   400   300   200   100      0                  ...
10 YEARS OUT, ENTITLEMENTS SKYROCKET WHILEDEFENSE STAYS FLAT…
AVERAGE POVERTY GUIDELINE 2012Persons infamily/household                                    Poverty guideline             ...
2012 ANNUAL REGULAR MILITARY COMPENSATION (RMC)*                                 Individual                Servicemember  ...
www.aei.orgLEARN MORE
Election 2012: Informing the national security agenda
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Election 2012: Informing the national security agenda

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The U.S. national security budget

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  • http://www.cbo.gov/sites/default/files/cbofiles/attachments/01-31-2012_Outlook.pdf
  • Source: CBO Budget and Economic Outlook: Fiscal years 2012 to 2022
  • Sources: http://www.cbo.gov/sites/default/files/cbofiles/attachments/01-31-2012_Outlook.pdf; http://www.doleta.gov/programs/factsht/pdf/ui.pdf
  • Source: http://aspe.hhs.gov/poverty/12poverty.shtml
  • Source: http://www.military.com/benefits/content/military-pay/military-enlisted-pay-breakdown.html?comp=7000022778639&rank=5
  • Transcript of "Election 2012: Informing the national security agenda"

    1. 1. OBAMA’S PROPOSED DEFENSE BUDGET:2.5% of GDP
    2. 2. Romney’s proposed defense budgetROMNEY’S PROPOSEDDEFENSE BUDGET: 4 percent of GDP4% of GDP
    3. 3. 2012 ENTITLEMENT SPENDING AS A PERCENTAGE OF: 70 60 50 40 30 20 10 0 FEDERAL BUDGET GDP
    4. 4. 2012 PROJECTIONS MANDATORY SPENDING ($2,070)DEFENSE SPENDING($531) BILLIONS $ NET INTEREST ($224) GDP ($15,508) 0 5,000 10,000 15,000 20,000
    5. 5. SNAPshot Since 2002, spending for the federal government’s food stamp program, the Supplemental Nutrition Assistance Program (SNAP), has increased 270 percent. In 2011, SNAP cost $71.8 billion.
    6. 6. PICKING UP THE HEALTH CARE TAB The federal government financed 29 percent of total health spending in 2010, up from 23 percent in 2007. That’s $754 billion of $2.6 trillion spent on health care costs that year.
    7. 7. DEFENSE NOW LESS THAN 20% OF THE BUDGET In four years, projected defense spending has been reduced by $800 billion.
    8. 8. GUNS VS. BUTTERUnder sequestration, major entitlementswould be cut by 15%. Non-defense discretionaryprograms take a hit of 28%.The military’s budget would drop 43%.
    9. 9. 2012 MANDATORY SPENDING PROJECTIONSIn 2012, Social Security is expected to payout $770 billion, Medicare will pay $560billion, Medicaid will provide $262 billion andunemployment compensation will cost $82billion.
    10. 10. ENTITLEMENT SPENDING INCREASES 2000-2012 (BILLIONS $) 800 700 600 500 400 300 200 100 0 2012 2000
    11. 11. 10 YEARS OUT, ENTITLEMENTS SKYROCKET WHILEDEFENSE STAYS FLAT…
    12. 12. AVERAGE POVERTY GUIDELINE 2012Persons infamily/household Poverty guideline 1 $11,170 2 15,130 3 19,090 4 23,050 5 27,010 6 30,970 7 34,930 8 38,890For families/households with more than 8 persons,add $3,960 for each additional person.
    13. 13. 2012 ANNUAL REGULAR MILITARY COMPENSATION (RMC)* Individual Servicemember Servicemember w/ Family of 4 BASIC PAY $25,884 $25,884 SUBSISTENCE ALLOWANCE $4,181 $4,181HOUSING ALLOWANCE $11,748 $14,808 CASH TOTAL $41,813 $44,873 TAX ADVANTAGE $4,073 $4,073 REGULAR MILITARY COMPENSATION $45,972 $48,946 *E-4 servicemember with three years of military service
    14. 14. www.aei.orgLEARN MORE
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