We currently spend more on defense than the next 13 countries combined. Defense spending accounts for about 30 percent of all federal spending — nearly as much as Social Security, or the combined spending for Medicare and Medicaid. The sheer size of the defense budget — $680 billion in the current fiscal year — suggests that it should be part of any serious effort to address America's long-term fiscal challenges.
Sequester, finally we can put a cut to the unbelievable amount we spend on war, 72% of every income tax dollar goes to the pentagon, 72% of every income tax dollar. WOW what a waste of money.
The Sequestration is the best thing for America.
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