
For a Congress spending every waking minute talking about deficits, they sure know how to spend gobs of money above and beyond requested budgets – as long as it goes to the hands of defense contractors. The Senate version of the defense authorization bill costs $631 billion. This is $17 billion more than the Pentagon asked for. It passed 98-0. It now goes to a conference with the bill passed by the GOP-led House, which costs $3 billion MORE. The White House threatened to veto the bill over the budget overages, which is just adorable.
So now we’ll see a true expression of priorities. The Congress is more than willing to spend $631-$634 billion on the US military. So will they spring for $50 billion to rebuild one of the most populated areas in America?
President Obama plans to ask Congress for about $50 billion in emergency spending to help rebuild the states ravaged by Hurricane Sandy, according to administration and Congressional officials briefed on the discussions.
The White House is assembling a spending request to send to Capitol Hill as early as this week, and while the final sum is still in flux, it should fall between $45 billion and $55 billion. That represents an enormous sum at a time when Mr. Obama is locked in a titanic struggle with Republicans over the federal deficit, but is significantly less than the states sought.
Unless an austerity-minded Congress adds to the president’s plan, state leaders would have to figure out other ways to finance tens of billions of dollars of storm-related expenses or do without them. New York, New Jersey and Connecticut were seeking a combined $82 billion in federal help both to clean up and restore damage from Hurricane Sandy as well as to upgrade and harden infrastructure to prepare for future storms.
Incidentally, this is ALREADY a stingy bill. Harry Reid expected it at $60 billion, and as noted, the three most affected states sought much more than that. So $17 billion in overages for unused weapons systems, that’s fine, but payouts for a storm-ravaged East Coast, hey, look, we have to be sensible, you know.
You could absolutely see this folded into the fiscal slope – or rather the debt limit showdown II – negotiations. It represents another item the White House wants for a region of the Northeast dominated by Democrats. The supporters want the disaster relief granted with no offsets and want the full appropriation made at once; Republicans will no doubt seek offsets and seek to delay the request at least in part to their position of greatest leverage.
But let’s be clear on all this. When a giant natural disaster causes tens of billions in damages, Congress has to be wary of disrupting the push toward deficit reduction. But a $631 billion defense budget bill, more than the Pentagon wants, can pass unanimously in the Senate, without anyone ever bringing up the deficit at all.
Photo by Dmougianis under Creative Commons license




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at least the pentagon money is well spent.
“More money for the Pentagon, CBS News Correspondent Vince Gonzales reports, while its own auditors admit the military cannot account for 25 percent of what it spends.
“According to some estimates we cannot track $2.3 trillion in transactions,” Rumsfeld admitted.
$2.3 trillion — that’s $8,000 for every man, woman and child in America. To understand how the Pentagon can lose track of trillions, consider the case of one military accountant who tried to find out what happened to a mere $300 million.
“We know it’s gone. But we don’t know what they spent it on,” said Jim Minnery, Defense Finance and Accounting Service.
Minnery, a former Marine turned whistle-blower, is risking his job by speaking out for the first time about the millions he noticed were missing from one defense agency’s balance sheets. Minnery tried to follow the money trail, even crisscrossing the country looking for records.
“The director looked at me and said ‘Why do you care about this stuff?’ It took me aback, you know? My supervisor asking me why I care about doing a good job,” said Minnery.
He was reassigned and says officials then covered up the problem by just writing it off.
“They have to cover it up,” he said. “That’s where the corruption comes in. They have to cover up the fact that they can’t do the job.”
http://www.cbsnews.com/8301-18563_162-325985.html
course that’s 2009. I expect it’s all ok now.
edit
$78 billion dollars can go a long way towards liberating America from oil whores, and reconstituting economic “value,” for Americans opposed to our legislated and economic servitude to said oil whores, to the tune of $427 billion dollars, just this year? That figure represents the 80% of the stored potential energy we wasted this year while using only .20 cents of every dollar spent on gasoline, and .40 cents of every, dollar spent of diesel fuel….
By definition servitude……..
So we spend nearly 2 BILLION dollars a day on military spending.
Holy crap. Let that sink in a bit. Every day…2 billion dollars.
And these clowns actually waste time talking about cutting funding for Big Bird. Wow.
Is $50 billion enough? Where will the money go? Don’t trust the PTB to actually help real victims. Cynical is the new normal.
Looking at the size of the house and all the sand, one wonders if this is perhaps a high-priced ocean-front neighborhood. If so, I fail to see the logic of the govt paying to rebuild either houses or infra-structure in a zone that will see more and more of this destruction in coming years. Maybe a little more appropriate photo next time?
This is OT but global warming related and should be of interest to the Northeast…
From NHK
LNG tanker arrives in Japan via Arctic route
A tanker carrying liquefied natural gas has arrived in Japan after traveling across the Arctic Ocean. It’s the world’s first LNG tanker to have taken that route.
The ship arrived at an LNG terminal in Kitakyushu City, western Japan, on Wednesday. It is loaded with about 60-thousand tons of gas. Japan’s Kyushu Electric Power Company bought the LNG from a firm related to Russia’s state-affiliated gas company Gazprom.
The tanker left a port in northern Norway early last month. It then sailed through the Arctic Ocean along the Russian coast and through the Bering Strait.
The Arctic route has promise as a new shipping lane connecting Europe and Asia. It has become possible to use the route because the Arctic ice cover has shrunk due to global warming.
The Arctic passage is just two-thirds the length of the route that takes ships through the Suez Canal in Egypt.
It seems the Northwest Passage is now open for the forseeable future.
“Democracy” in action–
– New York, New Jersey and Connecticut were seeking a combined $82 billion in federal aid, which everybody supports.
–new FY2013 military budget bill passed by senate includes $88 billion for the war in Afghanistan, which few support. (But the few profit thereby.)
Military budget vote 98-0! Not 1 “Democrat” voting nay. Guess all that complaining about the BushCo wars was just another shell game to con the base.
Unfortunately, for me and my kind, we’ve seen this outrageous spending for 50 years and it has ever stopped. The MIC is a hole we throw money in. That nothing has ever been done about it shows that ” voting truly is the opiate of the asses. ” As for the beaches, well, I think this would be a great time for the state and feds to buy the affected lands and turn them into some type of BLM project. No private ownership up to 2-3 miles inland and permanent barrier reefs and riprap to protect people, not estates and McMansions. But do help the people who’s lives have been changed forever and couldn’t or wouldn’t see what was/is coming down the pipeline due to dramatic climate change. Let’s just blame it on bad coney island hotdogs and cotton candy and move on to frying some much bigger fish.
It shouldn’t surprise anyone that the vote was 98-0 since both D’s and R’s want to be safe. Voting to support the MIC is guaranteeing their safety.
A lot of the money will go to the Army Corp. who will piss the money into the sea building sand dunes that protect the vacation palaces of the rich. A lot will be rolled into broken state budgets to be handed out to political cronies. None of it will go to the poor in Urban neighborhoods that got flooded.
I didn’t intend for my #8 to respond to #6, and trued to stop it, but failed. So don’t blame me. I’m innocent, I tell ya.
N.Y.T.
Nov 28.
To see where construction IS taking place, by the US Army Engineers in the north and south of Afghanistan, go here and here.
Thanks for pivoting to deficit reduction, Mister president.