Trump seeks $1.5T for just defence, alongside domestic spending cuts

https://www.bbc.com/news/articles/crr1q4kjvn2o

by throw0101c • 4 months ago

8 6 4 months ago

bbc.com

lerp-io2• 4 months ago

where do they get money for both moon and war at the same time?

toomuchtodo• 4 months ago

Issuing US treasury debt to those still willing to buy it.

dc3962• 4 months ago

Loans, mostly.

Artemis costs about $4 billion per mission, with around $90 billion already spent. The war in Iran is costing the US about $1 billion per day, so (as of today), $35 billion spent.

The US debt is $39,000 billion ($39 trillion). So, combined, the entire Artemis program and war in Iran represent .32% of the US debt.

lerp-io2• 4 months ago

how does debt mean anything if u control the ability to mint tokens that u use to pay the debt?

cjbenedikt• 4 months ago

Defence from what/whom? If US doesn't start a war at the opposite end of the world " in defence" there was no need.

Trump seeks $1.5T for just defence, alongside domestic spending cuts

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