dangerousmeta!, the original new mexican miscellany, offering eclectic linkage since 1999.

Fiscal Times: Neocons Talk Deficit but Won’t Budge on Defense Cuts.

“No one is saying the defense budget is the sole source of the deficit, but the fact is that it has risen from 3 percent of the gross domestic product in fiscal year 2001 to 4.7 percent this year. That additional 1.7 percent of GDP amounts to $250 billion in spending — almost 20 percent of this year’s budget deficit.

10/10/10 • 04:32 PM • EconomicsPolitics • No Comments

Comments:

There are no comments at this time for this entry.

 

Commenting is not available in this weblog entry.


<< Previous entry: 365/282.

Next entry: BBC News: Can the oceans be cleared of floating plastic rubbish? >>