"while so many Americans are struggling to get by, the United States is spending record-breaking amounts of money on the military. In the coming days, with relatively little debate, Congress will overwhelmingly pass the National Defense Authorization Act, approving close to $900bn for the Department of Defense (DoD).
The Department of Defense is the only government agency that has been unable to pass an independent audit. It recently failed its seventh attempt in a row and could not fully account for huge portions of its $4.126tn in assets.
Defense contractors routinely overcharge the Pentagon by 40% – and sometimes more than 4,000%.
since 2022, these four contractors have brought in $609bn in revenues, including $353bn in US taxpayer funds, and recorded $57bn in profits.
These companies – like the drug companies, insurance companies, Wall Street and the fossil fuel industry – spend millions on campaign contributions and lobbying. In the recent election cycle, defense contractors spent nearly $251m on lobbying and contributed almost $37m to political candidates.
TX increased prices for Stinger missiles from $25,000 in the 1990s to $400,000 in 2023"....
https://www.theguardian.com/commentisfree/2024/dec/08/why-im-voting-against-the-military-budget
#Uspol #warmongers #USA #militarism