U.S. Budget Priorities

U.S. Budget Priorities

I developed the pie chart from calculations made by the Office of Management and Budget.

Outlays for discretionary programs are on page 154 of this document (PDF, 3MB). The numbers for fiscal year 2008 are projections.



Budget for Fiscal Year 2008

The estimates for the 2007-2008 Budget year are as follows:

Defense* $459,600,000,000
Iraq* $196,400,000,000
Veterans $38,592,000,000
International Affairs $38,214,000,000
Science & Energy $30,500,000,000
Environment $31,727,000,000
Agriculture $6,089,000,000
Transportation $76,787,000,000
Community Development $27,561,000,000
Education $76,397,000,000
Health $59,022,000,000
Housing $60,827,000,000
Administration $65,112,000,000
Total: $1,166,828,000,000


* After OMB created this summary, Congress passed House Resolution 3222 by a vote of 395 to 13. This law appropriates the Department of Defense budget for the fiscal year ending September 30, 2008. I replaced the OMB's $602 Billion estimate with the actual amount of $459.6 Billion.

* President Bush has never included war in the national budget, prefering instead to request "emergency funding," every year for 5 years in row. On October 22, 2007, he transmitted to Congress his 2008 War Funding Request. It says that his "funding requirements in 2008 to continue the Global War on Terror" total $196.4 Billion.

Veterans

Wounded Soldier in Iraq

We must fulfill our commitment to the men and women who have served, so why is the veterans slice of the pie chart colored red?

$38 Billion for Veterans

Because this war is not necessary, the casualties are not necessary, the suffering is not necessary and the cost is not necessary.

Nuclear Weapons

Oddly, the Department of Energy maintains our nuclear weapons stockpile, not the Department of Defense. Therefore this part of the military spending is contained in the science and energy slice of the budget pie.

$30.5 Billion for Science & Energy

According to TrueMajority.org, these weapons cost $17.6 Billion per year. Ben Cohen's movie clip demonstrates what we get for that all that money.

Cost of the War in Iraq:
(Error)
…and it's all borrowed money
  Gross National Debt:
(Error)
…for our children to pay

Long Term Cost of War

The Three Trillion Dollar War   Professor Joseph Stiglitz of Columbia University won the 2001 Nobel Prize in Economics. Linda Bilmes is Professor of public finance at Harvard’s Kennedy School of Government. According to their new book, the Iraq War has become the second-most expensive in US history, after World War II. They say that even if we withdraw all our troops tomorrow, the war will still keep costing us money for many years to come.
Direct costs, already spent
Future operational costs
Military equipment and reset
Recruitment
Long term medical
Long term disability
Opportunity cost for lives lost
Higher oil prices
Interest on the war debt
$500 Billion
$521 - $669 Billion
$100 - $250 Billion
$25 - $30 Billion
$120 - $285 Billion
$276 - $340 Billion
$30 Billion
$230 - $800 Billion
$600 - $800 Billion
  The NewsHour Click to watch Paul Solman's
examination of costs as
broadcast on PBS's NewsHour.