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"The U.S. spends almost as much on military spending as the entire rest of the world combined, and spends roughly six times more than the second-largest spender, China. Even as the U.S. sunk under increasingly crippling levels of debt over the last decade, defense spending rose steadily, sometimes precipitously. That explosion occurred even as overall military spending in the rest of the world decreased, thus expanding the already-vast gap between our expenditures and the world's. As one "defense" spending watchdog group put it: "The US military budget was almost 29 times as large as the combined spending of the six 'rogue' states (Cuba, Iran, Libya, North Korea, Sudan and Syria) who spent $14.65 billion." To get a sense for how thoroughly military spending dominates our national budget, consider this chart showing where Americans' tax revenue goes:
Since much of that overall spending is mandatory, military spending -- all of which is discretionary -- accounts for over 50% of discretionary government spending. Yet it's absolutely forbidden to even contemplate reducing it as a means of reducing our debt or deficit. To the contrary, Obama ran on a platform of increasing military spending, and that is one of the few pledges he is faithfully and enthusiastically filling (while violating his pledge not to use deceitful budgetary tricks to fund our wars):
President Barack Obama will ask Congress for an additional $33 billion to fight unpopular wars in Afghanistan and Iraq on top of a record $708 billion for the Defense Department next year, The Associated Press has learned.
http://www.commondreams.org/view/2010/01/26-2