Defense budgets 101: The truth about military spending

3,109 views

Published on

Because budget negotiations failed, America's men and women will suffer nearly $500 billion in cuts over the next decade -- in addition to $889 billion in already approved reductions -- unless Congress acts bu January 2.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
3,109
On SlideShare
0
From Embeds
0
Number of Embeds
1,994
Actions
Shares
0
Downloads
12
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • U.S. Navy photo by Mass Communication Specialist 1st Class Peter D. Lawlor
  • Photo courtesy U.S. Department of Defense (via Flickr)Source: Heritage Foundation:http://www.heritage.org/federalbudget/budget-control-act.
  • Source: http://www.whitehouse.gov/omb/budget/Historicals
  • Sources: http://comptroller.defense.gov/defbudget/fy2013/fy2013_OM_Overview.pdf, http://comptroller.defense.gov/defbudget/fy2013/fy2013_c1.pdf, http://comptroller.defense.gov/defbudget/fy2013/budget_justification/pdfs/01_Operation_and_Maintenance/O_M_VOL_1_PARTS/O_M_VOL_1_BASE_PARTS/DoDDE_OP-5.pdf
  • U.S. Navy photo by Mass Communication Specialist 2nd Class Daniel BarkerSources: http://comptroller.defense.gov/defbudget/fy2013/fy2013_OM_Overview.pdf, http://comptroller.defense.gov/defbudget/fy2013/fy2013_c1.pdf, http://comptroller.defense.gov/defbudget/fy2013/budget_justification/pdfs/01_Operation_and_Maintenance/O_M_VOL_1_PARTS/O_M_VOL_1_BASE_PARTS/DoDDE_OP-5.pdf
  • Photo by U.S. Department of Defense
  • Defense budgets 101: The truth about military spending

    1. 1. Defense budgets101: The truthabout militaryspendingTo incentivize a long-termdebt reduction deal,members of Congress lastyear set up painfulmandatory cuts calledsequestration.Because budgetnegotiations failed,America’s men and womenin uniform will suffernearly $500 billion in cutsover the next decade – inaddition to $889 billion inalready approvedreductions – unlessCongress acts by Jan. 2.
    2. 2. GUNS VS. BUTTERMany believe that cutting defense will provide a solution to ballooning debt anddeficits. But defense isn’t the source of the problem – entitlements are. Nonetheless,under sequestration, major entitlements comprise only 15% of the cuts while 43% ofcuts come from the military’s budget.
    3. 3. It has become popular to use charts like this to argue that defense spending is really growing…Source: Office of Management and Budget; Department of Defense; Congressional Budget Office; CRS Report RL33110. Data Note: War funding accounts formilitary and Overseas Contingency Operations (OCO). Produced by Veronique de Rugy, Mercatus Center at George Mason University.
    4. 4. THE HUMAN COST OF DEFENSE CUTSWhat does the defense budget buy? It’s not all about wars and weapons. It’s aboutpeople and families. Half of spending -- $254.6 billion – in the defense budgetpays for personnel expenses in the form of salary, allowances, benefits, andretirement.That is opposed to $257.9 billion spent in fiscal year 2012 on operations,procurement, and research and development combined. 19% People 13% 50% Operations Research and 18% Development Procurement
    5. 5. PAYING IT FORWARDCosts include $135.1 billion for military personnel pay, allowances and retirement; $76.5 billion forcivilian personnel pay and benefits; $31.4 billion for the Defense Health Program; and $9.7 billion for theMedicare-Eligible Retiree Health Care Fund. The fiscal year 2013 budget also calls for $853.6 million forhousing and $2.74 billion for the Department of Defense Dependents Education, which operates alleducation for military families around the world.
    6. 6. Learn more at

    ×