Wednesday, December 17, 2014

Defense Funding Extends Beyond the Pentagon’s Budget

Defense Funding Extends Beyond the Pentagon’s Budget | Mercatus:
"This week’s chart puts into perspective the amount of funding—and expense—that is not accounted for in the figures widely cited by policymakers and defense officials.
 Using a methodology conceived by Winslow Wheeler of the Project on Government Oversight, line items from other areas of the federal budget relevant to defense and security issues are added to the fiscal year 2013 base. 

Once these expenses are included, it’s clear that the reported defense spending figures underestimate the overall cost of defense and national security programs by over $350 billion in fiscal year 2013 (the most recent year of finalized data)."


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