President Trump has proposed increasing the U.S. military budget by $54 billion to over $600 billion a ten percent increase but will decrease spending in other agencies to match the increased expenditures,
|Large decreases will most likely come from the Environmental Protection Agency (EPA) and the State Department. Trump said: "I am sending the Congress a budget that rebuilds the military, eliminates the defense sequester and calls for one of the largest increases in national defense spending in American history." Jeffrey Sachs, an economist at Columbia University and head of the Earth Institute, noted that the approximately $600 billion the U.S. spends on the military is probably much less than should be counted:|
"I was just going to add that the $600 billion that we spend is only counting a part of what we really spend on the military. We have another $60 billion on addition to the $600 billion of the Pentagon. That is the intelligence agencies. We have Homeland Security. We have military expenses hidden in the Department of Energy. Of course, we have the incredible costs, the human damage and health in the Veterans Administration. If you add it all up, it’s probably closer to $900 billion a year. It completely swamps everything else that we’re doing right now. And now he’s going to add on top of that — and propose tax cuts for rich people and for corporations. So, this is just one illusion after another. And it’s got to come to a bad end in some way."Sachs is an expert on development economics and poverty reduction.
Donald Trump used his first Joint Address to the Congress of the United States to engage in an unprecedented flight of fiscal fantasy. Specifically, the president imagined that the United States could cut taxes for wealthy Americans and corporations, rip tens of billions of dollars out of domestic programs (and diplomacy), hand that money over to the military-industrial complex, and somehow remain a functional and genuinely strong nation.In his speech Trump only mentioned that he had placed a hiring freeze on non-military and non-essential Federal workers. This will not include border guards and others charged with immigrant control no doubt. Trump had earlier suggested the State Department and EPA as targeted for reductions. While some workers in the military-industrial complex may prosper from Trump's military spending others will lose their jobs and also suffer from reduced services.
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