Chart of the Day: Military Spending

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Via Spencer Ackerman, here’s the Pentagon’s estimate for future spending. Ignore the gray bars at the top — those are just the numbers for the Iraq and Afghanistan wars. Look instead at the blue bars. That’s the base Pentagon budget, and it’s increasing 3% per year in nominal terms.

If we applied the same freeze to Pentagon spending that we’re applying to domestic spending, their FY13 base budget would be the same as their FY10 base budget: $531 billion. That would be a $51 billion savings in just a single year. So why not do it? What is it that makes us think our national security needs are going to get more and more pressing but not our domestic needs?

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Our news will always be free to read, watch, and listen to online. But what is its value?

Unbiased reporting on the issues that billionaire-owned newsrooms won’t touch. Fearless research into the dark corners of government and corporations. Ferociously fact-checked news that focuses on the facts, and the facts alone.

It IS free for you and every reader, viewer, and listener to utilize. But it’s not free for our team to make. So, what’s it worth to you? Let us know by making a donation: Make a one-time donation today to support this work. Or make a monthly sustaining donation to help us plan for the future.

Whatever you choose, know that you’re supporting more independent, investigative journalism in a time when we need it most.

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