IPFS News Link • Government Debt & Financing
No Austerity for Military Budget in 2014
• http://www.commondreams.orgPresident Barack Obama signed into law on Thursday the National Defense Authorization Act for the fiscal year 2014 that allots $526.8 billion for the Pentagon's budget and $80 billion for the war in Afghanistan—totaling nearly $607 billion in defense-related spending.
This is nearly $30 billion more than was agreed to in the bipartisan federal budget deal that was also signed by Obama on Thursday.