Browsing articles tagged with " government budget"
Feb 13, 2014

Who’s afraid of the T-word?

Jeffrey Sachs writes that investing in our future will require new tax revenues, along with reined-in war spending and real health care reform:

Much as conservatives hate to admit it, the landslide election of Bill de Blasio as mayor of New York City may prefigure the start of a new swing of the national political pendulum as well. He won a resounding victory, in part by calling for a small rise in taxes to fund preschool education, a major reform that would help relieve the disadvantages faced by poorer children. The recent meeting of mayors at the White House may give a hint of possible local pressures for increased public investments and public services. We’ve been on a thirty-year course of diminished public investments in our future. The dismal results are plain to see.

Read his piece here.

Feb 15, 2012

U.S. Defense Department budget since WW2

Food for thought from the National Priorities Project:

As the chart below shows, current defense spending levels – even without funding for the wars in Iraq and Afghanistan – are higher than at any time since World War II when adjusted for inflation.

 

Source:  http://nationalpriorities.org/publications/2012/talking-about-military-spending-and-the-pentagon-budget/