Be INFORMED

Thursday, March 01, 2007

NC's Cost for War Under Proposed Budget and NC's Loss From Same Budget

   For those of you living in the state of North Carolina, here is what the presidents war in Iraq will cost you if bush's proposed budget for fiscal 2008 gets passed.

National Priorities

THE PRESIDENT’S BUDGET
THE IMPACT ON NORTH CAROLINA

Selected Budget Cuts to North Carolina‡
Low-income Energy Assistance Program $44.1 million
Head Start $7.6 million
Child Care and Development Block Grant $2.0 million
Community Development Block Grant $24.1 million
Special Education $18.3 million
Community Oriented Policing Services $2.9 million
Clean Water State Revolving Fund $3.4 million

And for North Carolina taxpayers…
Cost of the Iraq War $12.3 billion
‡The FY2007 budget was not completed at the time of publication. The above cuts and other information in this publication compare the proposed budget for FY2008 withFY2006.

More For War
The administration is requesting an additional $100 billion in war-related
spending for this fiscal year (2007). Of that money, about $78 billion would be for the Iraq War alone,bringing that war’s total cost through
FY2007 to $456billion.
If Congress passes this request, the cost to North Carolina taxpayers for the Iraq War will rise to $12.3billion.
And, the budget proposes another $145 billion in war-related spending for FY2008.
Total military spending (which includes war spending) for this fiscal year (2007) would amount to $620 billion rising to nearly $650 billion next year. Military spending would be higher than it was during the Vietnam War or the Korean War, after taking inflation into account.

Notes: *NPP’s analysis of supplementary materials, ‘Additional 2007 and 2008 proposals’ included in the Budget of the U.S. Government,
FY2008, Appendix, attributed $78.1 billion of the additional money requested for 2007 to the Iraq War. The total is only through FY07 and
does not include any of the requested $145 billion for FY08. IRS data is used to determine state shares.
National Priorities Project, Inc. 􀂍 17 New South Street, Suite 302 􀂍 Northampton, MA 01060
www.nationalpriorities.org 􀂍 info@nationalpriorities.org 􀂍 413.584.9556
© 2007 National Priorities Project, Inc.


-

0 Comments: