Posts about "budget"
President Barack Obama's Federal Budget proposal pleases 4 of the nation's largest veterans organizations, even as these organizations agree there is a lot more room to improve.
American Veterans (AMVETS), Disabled American Veterans (DAV), Paralyzed Veterans of America (PVA) and Veterans of Foreign Wars of the United States (VFW) push the Obama Administration and Congress to extend the proposed Federal budget to $68 billion for Veterans Health Care and Benefits.
Beginning on October 1st, President Obama’s $3.73 trillion dollar budget for the 2012 fiscal year will kick in. One of the first things I wondered as a veteran was, how will this new budget impact veterans and members of the military? I decided to consult a great article put out by the NY Times and break it down by agency.
The Department of Defense (DoD) has been allotted $727 billion in spending money for 2012 – that’s an increase of almost 6%. The new budget calls forover $117 billion dollars just to address costs stemming from the wars in Afghanistan and Iraq, but that happens to be a decrease of about $43 billion from the 2011 budget. Note that, in 2012, the government plans on spending the least amount of money on international wars since 2006.
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