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September 18, 2003
What can $87 billion buy?
The good folks at TOMPAINE.com have put together a list of national priorities for which $87 billion could have been used before we decided to get ourselves neck-deep in the shitpool that is Iraq. Here are three of them:
$87b Is More Than The Combined Total Of All State Budget Deficits In The United States
The Bush administration proposed absolutely zero funds to help states deal with these deficits, despite the fact that their tax cuts drove down state revenues. [Source: Center on Budget and Policy Priorities]
$87b Is Enough To Pay The 3.3 Million People Who Have Lost Jobs $26,363 Each
The unemployment benefits extension passed by Congress at the beginning of this year provides zero benefits to "workers who exhausted their regular, state unemployment benefits and cannot find work." All told, two thirds of unemployed workers have exhausted their benefits. [Source: Center on Budget and Policy Priorities]
$87b Is More Than Double The Total Amount The Government Spends On Homeland Security
The U.S. spends about $36 billion on homeland security. Yet, Sen. Warren Rudman (R-N.H.) wrote "America will fall approximately $98.4 billion short of meeting critical emergency responder needs" for homeland security without a funding increase. [Source: Council on Foreign Relations]
Posted by glyphic at September 18, 2003 06:15 PM
