Going bankrupt: The US's greatest threat (Asia Times)

...In discussing the fiscal 2008 defense budget, as released to the press on February 7, 2007, I have been guided by two experienced and reliable analysts: William D Hartung of the New America Foundation's Arms and Security Initiative and Fred Kaplan, defense correspondent for Slate.org. They agree that the Department of Defense requested $481.4 billion for salaries, operations (except in Iraq and Afghanistan), and equipment.

They also agree on a figure of $141.7 billion for the "supplemental" budget to fight the global "war on terror" - that is, the two on-going wars that the general public may think are actually covered by the basic Pentagon budget. more

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