military percent of national debt Prioritization

Majority favors taxing rich, ending war to cut deficit peoplesworld
Jun 30, 2011 . 66 percent favored increasing taxes on those making more than . The attitude for decreasing military presence abroad corresponds with the public . and Iraq wars has contributed greatly to the national debt, more than any .
http://peoplesworld.org/majority-favors-taxing-rich-ending-war-to-cut-deficit/

Local View: Military spending feeds national debt
Apr 26, 2011 . Local View: Military spending feeds national debt . At 4.8 percent of gross domestic product, U.S. military spending in 2010 represents the .
http://journalstar.com/news/opinion/editorial/columnists/article_3d327067-a267-53a8-8ddd-d484126a4892.html

The Federal Pie Chart
Interest on national debt (80%) created by military spending, $390 billion . The United States accounts for 47 percent of the world's total military spending, .
http://www.warresisters.org/piechart.htm

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National Debt Reaching Critical Mass, Military... | Gather
Jun 24, 2010 . National Debt Reaching Critical Mass, Military Spending Bloats Budget . deficits, the national debt has now exploded to 89 percent of GDP.
http://business.gather.com/viewArticle.action?articleId=281474978325767

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US National Debt as percent of GDP - Charts Tables History
Mar 22, 2012 . Government debt began the 20th century at less than 20 percent of GDP. It jerked above 45 percent as a result of World War I and above 70 .
http://www.usgovernmentspending.com/us_national_debt_chart.html

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United States federal budget - Wikipedia, the free encyclopedia
The Budget of the United States Government is the President's proposal to the U.S. . Some military and some housing programs have multi-year appropriations, . Debt held by the public as a percentage of GDP rose from 34.7% in 2000 to .
http://en.wikipedia.org/wiki/United_States_federal_budget

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Letter: National debt is result of defense, tax breaks | Lubbock ...
Apr 22, 2011 . The gross national debt of the United States is now $14 trillion . the defense budget ($800 billion), which combined is 44 percent of the total.
http://lubbockonline.com/editorials-letters/2011-04-22/letter-national-debt-result-defense-tax-breaks

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FactCheck.org : Fiscal FactCheck
Jul 15, 2011 . Washington's spending has recently been higher as a percentage of the . on the federal debt alone accounted for 5.7 percent of all federal spending, . Spending for national defense rose from 3.0 percent of GDP that year to .
http://www.factcheck.org/2011/07/fiscal-factcheck/

What percentage of the federal budget is spent on the military
What percentage of the US federal budget is spent on interest? 9%. Everyone could enjoy about a 10% tax reduction simply by paying down the federal debt, .
http://wiki.answers.com/Q/What_percentage_of_the_federal_budget_is_spent_on_the_military

 

Political Calculations: Who Owns the U.S. National Debt?
Jan 12, 2011 . To Whom Does the U.S. Government Debt Owe Money (as of 30 September 2010) . the percentage composition of who owns the U.S. national debt . Civil Service and Military trust funds own 62.2% of the U.S. national debt, .
http://politicalcalculations.blogspot.com/2011/01/who-owns-us-national-debt.html

US Federal Budget Spending Summary and Highlights
Feb 16, 2012 . Did you know the single largest budget item is defense spending? . 6.5% of spending ($248 billion) went toward interest payments on the $15 trillion national debt. . The Percent Allocated to Social Security is Increasing: .
http://useconomy.about.com/od/fiscalpolicy/p/Budget_Spending.htm



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Should We Cancel the National Debt? | The Freeman | Ideas On ...
At present levels, the national debt is about $5 trillion. . By 1993, the total interest outlay was 14.1 percent of total spending. . with interest payments, the government's latitude to spend elsewhere, including for defense, is greatly inhibited.
http://www.thefreemanonline.org/features/should-we-cancel-the-national-debt/

National Debt - Just Facts
Comprehensive and meticulously documented facts about the national debt. . National defense includes military spending and veterans' benefits. . federal spending as a percent of GDP averaged 42% lower than the last year of the war .
http://www.justfacts.com/nationaldebt.asp

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