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Captain Hook

Posted by ipso facto @ 10:57 on February 26, 2025  

That $300 billion looks like total not increased defense spending? I don’t like the deficit spending much myself. I guess we’ll just have to see what the inflation rate is in a year or two.

Cheers

“The House’s plan would set up a massive reconciliation bill that would extend Trump’s 2017 tax cuts and implement new ones at a cost of $4.5 trillion. It would also allocate $300 billion for spending on defense and border security, would raise the debt ceiling by $4 trillion over two years, and add almost $3 trillion to the federal deficit over 10 years.”

PS This article says our total defense spending is about $900 billion. So I guess this $300 billion must be an increase.

https://en.wikipedia.org/wiki/List_of_countries_with_highest_military_expenditures

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.