Archive for the ‘Military Budget’ Category

A study guide for the war budget

A study guide for the war budget

FEDERAL BUDGET ISSUES MONEY IN: REVENUE (Tax Receipts) MONEY OUT: EXPENDITURES (Government Spending/Public Investment) DEFICIT/SURPLUS= Difference (plus or minus) between revenue and expenditure in one fiscal year. Reflects political decisions. Current Deficit=$1.5 Trillion (Tripled from 2008 to 2009). NATIONAL DEBT= Accumulation of government borrowing over the years. 2001 Debt=$5 Trillion 2008 Debt=$10 Trillion Current Debt=$14 […]

Military Budget

Military Budget

MILITARISM AND THE NATION’S PRIORITIES: As the military budget expands, the nation increasingly lacks the financial means and political will to deal with the true crises of our time, which include poverty, climate change, and the severe depletion of the earth’s resources. KNOW favors a drastic reduction of the military budget and the diversion of […]