Wednesday, October 13, 2010
Where did all that money go? I'm sure it was spent on something important.
What Did the Pentagon Do With That Extra Trillion Dollars?
In 1998, the Pentagon budget was at a twenty-three year low at $361 billion (in constant 2010 dollars). For 2010, the DOD budget was $697 billion (also 2010 dollars, as are all the rest that follow).
According to the analysis of the Project on Defense Alternatives, between 1998 and 2010 Congress appropriated to the Pentagon $2.144 Trillion (with a "T") more than was anticipated by the 1999 "baseline." Of that amount, $1.113 Trillion was spent on the wars in Iraq and Afghanistan, and $1.031 Trillion was added to "base" (non-war) Pentagon spending. (See p. 3 of PDA's study, "An Undisciplined Defense: Understanding the $2 Trillion Surge in US Defense Spending". I basically concur with PDA's numbers, which are from DOD and OMB budget data as described on p. 61.)
What did you get for that extra $1 Trillion? Basically, you got a smaller Navy and Air Force and a tiny increase in the size of the Army. As an extra bonus, the hardware those forces use are now older than they were in the Clinton administration in 1998.
How can that be?
Read on:
http://www.campaignforliberty.com/article.php?view=1152
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