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A House committee threw a wrench in the Obama administration's plans to end Lockheed Martin Corp.'s F-22 Raptor fighter program, voting instead to add $369 million in extra funding to keep production of the Air Force's most advanced jet alive.
The vote by the House Armed Services Committee is a surprise opening move in the Congressional contest over the Pentagon's weapons spending plans, which Defense Secretary Robert Gates is using to rebalance the U.S.'s ability to fight insurgent enemies in Afghanistan and Iraq.
Mr. Gates wants to cut back many of the costliest weapons programs, such as the $143 million F-22 fighter jet, a highly maneuverable fighter designed to sneak into enemy airspace. The plane came to symbolize the Pentagon's traditional focus on conventional conflict against big foes, such as Russia and China.online.wsj.com...
Originally posted by Harlequin
thats enough for 14 more
China’s military spending 2009 (up 14% from last year): $70.3 billion source
Russia's military spending 2009 (up 25% from last year): $50 billion source
United States military spending 2009: $651.2 billion source
The 2005 U.S. military budget is almost as much as the rest of the world's defense spending combined source
US spends 1 trillion dollars on fighter jets (even though the US has no enemies with an air force) source
Military discretionary spending accounts for more than half of the U.S. federal discretionary spending, which is all of the U.S. federal government budget that is not appropriated for mandatory spending. (Budget)
Originally posted by Kaytagg
Well I'm glad, as a tax payer, I get to pay for other countries to have technology.
That's a great idea.
Originally posted by Kaytagg
You have to have a mind for business
You have to look at not only the quality of what you're getting, but what you have to give up to obtain it.
Originally posted by WhatTheory
keep the defense budget then slash and cut all the wasteful government social cradle to grave spending.
Originally posted by FredT
reply to post by Kaytagg
Meh, one thing people lose sight of is the trickle down developing military technology does for the civilian sector. Research into lasers, composites, trauma medicine, MRI's et al. all had thier basis in defence related projects.
I for one would much rather see money spent in that direction than providing welfare to some crack mom poppining out multiple children.
I know that an extreme case but he if the shoe fits.
The average taxpayer had a tax rate of 12.45% in 2005 (the latest data available here), so if we multiply things out we see that about 0.93% of the average taxpayer's income went to non-medical "welfare". So, if you made $50,000 and paid $6,225.00 in Federal income tax, approximately $465.00 went to all of these programs x-healthcare and veterans pensions.
Extreme in that it almost never happens that way. It's also not as much spending as you might think