Sequestration

THE TRUTH ABOUT SEQUESTRATION AFTER SEQUESTRATION WE STILL SPEND MORE, AGAINST MUCH LESS SEVERE THREATS, THAN AT THE PEAK OF THE COLD WAR [ALL FIGURES IN INFLATION ADJUSTED DOLLARS) HOW SEQUESTRATION AFFECTS MILITARY SPENDING $6 TRILLION $588 BILLION SPENDING OVER 10 YEARS CUTS OVER 10 YEARS SEQUESTRATION CUTS TAKE US BACK TO 2006 IWAR COSTS BASE BUDGET (NOT EXACTLY A LEAN YEAR FOR THE PENTAGON) %$685 BILLION $683 BILLION 2006 2013 AFTER SEQUESTRATION, MILITARY SPENDING WILL BE SGB3 BILLION WE ARE SPENDING MORE NOW THAN DURING THE COLD WAR PRESENT DAY SPENDING PEAK COLD WAR SPENDING $683 BILLION $580 BILLION 2013 1985 $588 BILLION USA $568 BILLION USSR THE WORLD IS SAFER. WE HAVE NO PEER COMPETITOR. WHY ARE WE STILL SPENDING LIKE ITS 1985? $683 BILLION USA $111 BILLION CHINA $65 BILLION RUSSIA E $12 BILLION IRAN $7 BILLION NORTH KOREA THE COLD WAR IS OVER WE NO LONGER FACE AN EXISTENTIAL THREAT IT'S TIME TO REDUCE MILITARY SPENDING TO REFLECT THIS REALITY E @CatoFP CATO Learn more at cato.org/sequester INSTITUTE For full sources and footnotes, go to the link above. E @Catolnstitute f /Catolnstitute 1985 1985 2013 2010 2010 2009