Sunday, August 30, 2015

Fwd: Here's how the US military spends its billions

do read the full article, i have only excerpted bits here under 'fair use'

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From: Capt.

http://www.businessinsider.com/how-the-us-military-spends-its-billions-2015-8
Skye Gould and Jeremy Bender

The US military is unquestionably the dominant force on the planet. 

From the greatest advances in technology to a massive network of military alliances, the US military retains a substantial lead over the militaries of every other country on the planet. And the backbone of this military greatness comes in large part from the economic prosperity of the US and the incredible funding that the Pentagon receives. 

In 2015, the US will have a declared military and defense budget of $601 billion, which is more than the next 7 highest spending countries combined. The following graphics show how the US will make use of its billions. 

BI_Graphics_US Military BudgetSkye Gould/Business Insider

The vast majority of the $601 billion will be funneled towards the military's base budget, which includes funding for the procurement of military equipment and the daily operations costs of US bases. 

BI_Graphics_US Military Budget 2Skye Gould/Business Insider

Of the $496 billion base budget, the vast majority of funding goes towards the cost of operating and maintaining the military and the cost of paying and caring for military personnel. 

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