Thread: U.S. Issues Fiscal Restraint
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Old 02-08-2018, 12:42 PM   #85
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Quote:
Originally Posted by vailpass View Post
The $825B figure Fish gives is inaccurate to the tune of ~$300B
....

Quote:
The U.S. military budget is $824.6 billion. That's the budget for Fiscal Year 2018 which covers the period October 1, 2017 through September 30, 2018. Military spending is the second largest federal government expenditure after Social Security at $1 trillion. U.S. military spending is larger than the next nine countries combined.

There are four components. First is the $574.5 billion base budget for the Department of Defense.

Second is the Overseas Contingency Operations for DoD to fight the Islamic State group ($64.6 billion).

Third is the total of other agencies that protect our nation. These expenses are $173.5 billion. They include the Department of Veterans Affairs ($78.9 billion), the State Department ($27.1 billion), Homeland Security ($44.1 billion), FBI and Cybersecurity in the Department of Justice ($9.5 billion) and the National Nuclear Security Administration in the Department of Energy ($13.9 billion).

The last component is $12 billion in OCO funds for the State Department and Homeland Security to fight ISIS. (Source: "FY 2018 Budget," OMB, May 23, 2017. "2018 Budget, Table 2," OMB, March 16, 2017. "Mid-Session Review Fiscal Year 2017, Table S-10." OMB, July 15, 2016.)

https://www.thebalance.com/u-s-milit...growth-3306320
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