Tag: veterans

Analysis of the FY 2011 Federal Budget Agreement

JO COMERFORD – [Today is Tax Day. It seems appropriate for Americans to know what their government is using their money for. Here is a comprehensive summary. – Editor]

Six months after the start of the current fiscal year (FY2011), congressional leaders and President Obama have reached agreement on a budget for the second half of the year. In all the deal provides just over $1 trillion in spending over the last six months of the year, a cut of roughly $40 billion from FY2010 levels.

Your 1040 Tax Form Lies to You

DAVID SWANSON –
Pick up a copy of a 1040EZ US income tax form with all the instructions, particularly pages 36-37. Here are those two pages in a PDF. You’ll discover that the U.S. government only spends 22% of its money on “National defense, veterans, and foreign affairs.” The form admits that you could leave out the “foreign affairs” part and still be at 21%. However, take a look now at the pie chart created by the War Resisters League, which shows 54% of the budget going to the military.