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Al-Jazeera video breaks down military spending by the dollar

By Arturo Garcia
Sunday, June 24, 2012 15:41 EDT
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More than half of every dollar we pay into taxes goes toward military spending, according to an analysis posted by Al-Jazeera earlier this week.

The video illustrates a conversation between radio host Dennis Bernstein and journalist Dave Lindorff.

“People have to realize that 53 cents of every dollar that they are paying into taxes is going to the military,” Lindorff says. “It’s an astonishing figure. There is an enormous, enormous amount of money being blown on war and killing and destruction.”

Of the proposed $3 trillion budget, Lindorff says, $717 billion would be allocated to the Pentagon budget; a $158 billion “contingency fund” would be used for military campaigns in Iraq and Afghanistan; $40 billion in “black box” intelligence spending

“They never tell us how much they spend on the CIA, NSA and DIA, and all these different intelligence activities, which are all war-related,” he says. An error in testimony about two years ago an error in Congressional testimony led to the revelation that the covert intelligence budget was around $37 billion, Lindorff says, adding that he suspects the budget is really closer to $60 billion or $70 billion.

Watch the Al-Jazeera USA video, posted June 18, below:

Arturo Garcia
Arturo Garcia
Arturo R. García is the managing editor at Racialicious.com. He is based in San Diego, California and has written for both print and broadcast media, including contributions to GlobalComment.com, The Root and Comment Is Free. Follow him on Twitter at @ABoyNamedArt
 
 
 
 
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