As shown below, the % the US budget spent on the US military can depends on whether one includes the "hidden expenses" such as the Department of Energy, NSA, CIA, war debt, Veteran's benefits (which deceptively are not included in the official military budget), and other expenses. It also depends on whether one includes Social Security as part of the overall budget. Some say it is not a correct element of the overall Federal budget since individuals pay in to as a fund. (If one cannot afford to pay into the social security "Trust Fund", one does not receive the benefit upon retirement, unlike the retirement benefits in most other developed nations who pay retirement pensions as a right to all citizens, whether one pays into a "fund" or not.)
Another way to get useful related information is to compare how much $ has been spent on the US military/war with the amount of US revenue that has been received. Although it only provides a snap-shot of spending vs revenue year-to-date, it be very accurate when viewed at the end of the fiscal year.
Currently, as of Aug 2012, about 28.3% of US revenue has been spent on the US military/war this year according to official reports. However when not including the "hidden" expenses and mandatory spending such as the separate "tax" of social security, it is much larger .
Most anti-war groups such as the War Resister's League and the liberal journal, the Nation Magazine point to hidden spending not included in official statistics that include veteran's benefits, the war portion of the Department of Energy (of which approximately 90% of it funds have gone to nuclear weapons), and the undisclosed funds for departments including the CIA, NSA and the increasing myriad of other similar "national security" departments. They say that the government's view of the budget is a distortion of how our income tax dollars are spent because it includes Trust Funds (e.g., Social Security), and the expenses of past military spending are not distinguished from nonmilitary spending. The 2009 U.S. military budget is almost as much as the rest of the world's defense spending combined.
Federal income taxes fund the federal budget. The federal budget is spent in a variety of ways, from military and defense spending, federal employee salaries, federal buildings, grants to state/local governments for various projects, such as roads and schools, foreign aide as well as everything else the federal government does. Check http://www.gpoaccess.gov/usbudget/ for more info about how/where the federal government spends money.
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