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Tuesday, November 29, 2011

How our tax dollars are spent

Here is a breakdown of how the discretionary spending in the Federal budget are spent.

Defense spending has risen from $295 billion annually to almost double in just over a decade.  Part of that is the boondoggle spending on Homeland Security of almost $100 billion a year.  America spends more than the rest of the world combined on defense and the Republicans want to spend even more yet they believe they can balance the budget with massive tax cuts for the rich and increased spending on the military.

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