Tag: Military budget of the United States

NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War

Tina Marie (Ms. Cat)

This is a clip from our show SYSTEM UPDATE, now airing every weeknight at 7pm ET on Rumble. You can watch the full episode for FREE here: How Endless War Bankrupted the US While Inflicting Mass Suffering at Home. Plus: Macron Threatens Internet Shutdown & Update on US Govt’s Private Data Purchases | SYSTEM UPDATE #111

NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War via Glenn Greenwald

Related:

America Is Living on Borrowed Money

America’s Wars and the US Debt Crisis

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

Report Shows How Military Industrial Complex Sets Media Narrative on Ukraine

Tina Marie (Ms. Cat)1 Comment

Wealthy donors have long funded think tanks with official-sounding names that produce research that reflects the interests of those funders (Extra!, 7/13). The weapons industry is a major contributor to these idea factories; a recent report from the Quincy Institute (6/1/23) demonstrates just how much influence war profiteers have on the national discourse.

Report Shows How Military Industrial Complex Sets Media Narrative on Ukraine

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

Tina Marie (Ms. Cat)

The United States faces a default on its debt in early June if a deal on the debt ceiling is not reached between the Biden administration and Republicans in Congress before then. House Speaker Kevin McCarthy is pushing for sweeping budget cuts and new work requirements for recipients of government programs, including Social Security, Medicare, Medicaid and SNAP. Notably, however, neither Republicans nor Democrats are proposing cuts to one of the biggest drivers of the nation’s debt: the massive U.S. military budget. “We’ve got to get this military-industrial lobby under control, but it’s hard to do, because it’s a bipartisan affair,” says our guest, economist Jeffrey Sachs, whose recent article is headlined “America’s Wars and the US Debt Crisis.”

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

Previously:

The War in Ukraine Was Provoked—and Why That Matters to Achieve Peace

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

Tina Marie (Ms. Cat)1 Comment

At a press conference Sunday following the G7 summit in Hiroshima, Japan, President Joe Biden called on Republican House Speaker Kevin McCarthy to meet face to face to revive talks on a bipartisan plan to slash social spending in return for raising the nation’s debt ceiling and averting a default.

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

$824 Billion Pentagon Budget: Why So Many Classified Programs with Movie Names?

Tina Marie (Ms. Cat)1 Comment

The Pentagon budget request for fiscal year 2024 comes in at a staggering $824 billion, the highest any country has ever spent on its military. A lot of this is going to classified Research, Development, Test & Evaluation programs, which are largely classified or only present brief, vague descriptions. While flicking through one of the lengthy supporting documents I noticed how some of these classified money pits take their names from movies.

$824 Billion Pentagon Budget: Why So Many Classified Programs with Movie Names?