Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Trillion Dollar Spending Bill Rigs The System More Than Ever
Posted
December 11, 2014
Views
57,804
Likes
1,143
Comments
295
Engagement
2.49%
December 11, 2014
57,804
1,143
295
2.49%
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9:47Now Playing"Top lawmakers Tuesday released a massive 1,603-page, $1.1 trillion omnibus spending bill funding every government agency but the Homeland Security Department through Sept. 30, 2015. The measure also contains dozens of policy provisions affecting financial regulations, the environment, school lunches and regulations requiring truckers get more rest. Provisions include:
— Overall spending. $1.013 trillion for core agency budgets for day-to-day operations, with $521 billion for defense and $492 billion for non-defense. That represents about one-third of the federal budget and is essentially a freeze at current levels. Another $64 billion is provided for overseas military operations.
— Defense. Provides a base budget of $490 billion to the Pentagon, a $3.3 billion increase. Maintaining 1.3 million active-duty troops and 820,800 reserves would cost $128 billion. Another $162 billion is provided for operations and maintenance; procurement of new weapons systems, including 38 new F-35 fighters, totals $92 billion."* The Young Turks hosts John Iadarola (TYT University), Steve Oh and Jimmy Dore (The Jimmy Dore Show) break it down.
*Read more here:
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Obama, Torture Report, Spending Bill & Racism - The Young Turks 12/10/2014 News & Politics
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