HONEST CAMPAIGN: If Elected, I Promise To Give Trillions To The Rich, Spend Trillions On War, And Cut Everything For Working People

Before you vote for a presidential candidate this November, you might want to consider these two numbers:

1. $38,655,190,993,638 ($38.65 trillion)

2. $38,862,045,270,361 ($38.86 trillion)

The total for these numbers is:
$77,517,236,263,999 ($77.51 trillion)  (Note: updated July 08 3pm – changed amounts on Libya & Syria which decreased total amount)

 

The first number (1) is what the military and the ongoing wars have cost the U.S. From 2001 to now (* except where noted in the data).

The second number (2) is what corporations get from the federal government in the form of tax breaks, subsidies, loans, and bailouts since 2000.

 

MILITARY DEFENSE SPENDING & CORPORATE TAX BREAKS    
1. MILITARY SPENDING
COUNTRY WITH U.S. TROOPS ENGAGED IN WARSPENDINGTIME FRAMESOURCE
Afghanistan$2,500,000,000,000$2.5 trillion2001-presentWashington Post
Cameroon (Boko Haram)$347,000,000$347 million2012UK Guardian
Chad$16,000,000$16 million2010 (est)PBS
Iraq$2,500,000,000,000$2.5 trillion2001-presentWashington Post
Israel$123,340,899,866$123.34 billion1946 *PBS
Jordan$5,000,000,000$5 billion2010 (est)PBS
Korea$40,000,000,000$40 billion1946 *PBS
Libya$1,650,000,000$1.65 billion2012CNN
Mali$32,000,000$32 million1946 *PBS
Pakistan$1,000,000,000,000$1 trillion2011Time
Somalia$55,000,000,000$55 billion2011War in Context
Strait of Hormuz$8,000,000,000,000$8 trillionSince 1976 *Oil Price
Syria (ISIL / ISIS)$13,700,000,000$13.7 billion2016Mother Jones
Turkey$41,000,000,000$41 billion1946 *PBS
Uganda$71,000,000$71 million1946 *PBS
Yeman$5,000,000,000$5 billion2011Reuters
TOTAL$14,285,156,899,866$14.28 trillion
MILITARY RELATED BUDGETSFUNDINGSOURCE
Defense Budget (annual)$530,000,000,000$530 billionWashington Post
Black Budget (annual)$52,600,000,000$52.6 billionWashington Post
Intelligence budget (annual)$80,100,000,000$80.1 billionLA Times
National Intelligence (annual)$252,700,000,000$252.7 billionWashington Post
TOTAL$915,400,000,000$915.4 billion
FOREIGN AID BUDGETSFUNDINGTIME FRAMESOURCE
USAID / Military Aid budget $550,634,093,772$550.63 billion2001-2014USAID
Foreign Aid (annual)$600,000,000,000$600 billionPolitico
TOTAL$1,150,634,093,772$1.15 trillion
NATO BUDGETFUNDINGSOURCE
NATO (annual)$650,000,000,000$650 billionPolitifact
TOTAL$650,000,000,000$650 billion
MILITARY ANNUAL BUDGETS x 10 years$21,654,000,000,000$21.65 trillion(Note: annual budgets include Defense budget, Black budget, Intelligence budget, National Intelligence budget, Foreign Aid, NATO)
TOTAL MILITARY SPENDING$38,655,190,993,638$38.65 trillion
2. GOVERNMENT SPENDING ON CORPORATIONS
SOURCE
Corporate Tax Breaks (annual)$180,000,000,000$180 billionHuffington Post
Corporate Tax Breaks (annual) x 10 years$1,800,000,000,000$1.8 trillion
Federal Grants & Allocated Tax Cuts$71,191,562,223$71.19 billionGood Jobs First Subsidy Tracker
Federal Loans, Loan Guarantees, Bailout Assistance$18,073,840,039,282$18.07 trillionGood Jobs First Subsidy Tracker
Top Federal Grant/Allocated Tax Credit Programs$71,191,562,223$71.19 billionGood Jobs First Subsidy Tracker
Top Federal Loan/Loan Guarantee/Bailout Programs$18,665,822,106,633$18.66 trillionGood Jobs First Subsidy Tracker
TOTAL FEDERAL TAX BREAKS, SUBSIDIES. LOANS, BAILOUTS FOR CORPORATIONS$38,862,045,270,361$38.86 trillion
TOTAL MILITARY SPENDING + CORPORATE TAX BREAKS, SUBSIDIES, LOANS, BAILOUTS$77,517,236,263,999$77.51 trillion

 

Consider also that these numbers may actually be lower than what is really being spent since this is not even a complete list of everything.

 

As a taxpayer, this is where your money is going, whether you want it to or not.

 

What’s the trade-off?

For all the money spent fighting wars (which was actually started based on a lie)  –and–   giving money to already unbelievably profitable corporations, here are some of the things either not getting funded or are being underfunded:

  • Schools
  • Roads & highways
  • Senior well-being (Social Security, Medicare)
  • Infrastructure
  • National parks (are now being privatized)
  • Post Office services being reduced and partially privatized (= higher costs to you)
  • Single Payer Healthcare
  • Student college loans (now privatized with sky-high interest rates)
  • Medical research (the same kind that created penicillin)
  • Technology research (such as the kind that came from NASA)

 

 

Also

Republicans and Democrats have eroded the tax base which provided for all those essential things our people and country  need.

Companies that make billions in profits now essentially pay no taxes at all because the government provides tax breaks, subsidies, and tax rebates to them. This means higher prices and/or a tax increase to taxpayers or else things like schools get defunded.

 

GOVERNMENT SUBSIDIES TO CORPORATIONS & CORPORATIONS THAT PAY NO TAXES    
GOVERNMENT SUBSIDIES TO CORPORATIONS
CompanySubsidy ValueSource: Good Jobs First Subsidy Tracker
1Boeing$14,077,219,164
2Intel$5,959,834,080
3Alcoa$5,804,911,237
4General Motors$5,737,727,358
5Ford Motor$4,033,604,562
6NRG Energy$2,694,859,933
7Sempra Energy$2,576,755,550
8Tesla Motors$2,406,805,253
9NextEra Energy$2,385,022,879
10Iberdrola$2,248,130,877
11Fiat Chrysler Automobiles$2,177,967,643
12Cheniere Energy$2,100,465,978
13Nike$2,036,935,191
14Energy Transfer$1,838,457,097
15Nissan$1,833,501,415
16Cerner$1,794,518,045
17JPMorgan Chase$1,732,871,083
18Royal Dutch Shell$1,720,942,488
19General Electric$1,647,406,706
20Southern Company$1,636,231,715
21Summit Power$1,625,158,397
22Berkshire Hathaway$1,484,614,994
23IBM Corp.$1,378,131,546
24SCS Energy$1,254,154,000
25ArcelorMittal$1,245,681,103
26Advanced Technology Investment Company$1,242,225,858
27Lockheed Martin$1,242,055,102
28Duke Energy$1,226,196,838
29Toyota$1,135,276,178
30Leucadia National$1,121,934,497
31SolarCity$1,103,378,327
32Volkswagen$1,071,478,311
33Northrop Grumman$1,033,786,317
34Dow Corning$1,031,147,927
35Abengoa$993,665,452
36Continental AG$959,395,561
37Exelon$905,144,636
38Delta Air Lines$877,170,847
39Dow Chemical$875,998,299
40United Technologies$866,504,922
41Goldman Sachs$796,696,599
42E.ON$785,175,404
43Texas Instruments$783,582,522
44Valero Energy$771,945,009
45Alphabet Inc.$734,388,365
46EDP-Energias de Portugal$733,555,383
47General Atomics$722,086,876
48Air Products & Chemicals$715,908,809
49Pyramid Companies$715,462,900
50AES Corp.$706,791,320
51Nucor$695,801,669
52Daimler$693,757,933
53SunEdison$680,330,090
54Forest City Enterprises$666,967,568
55Bank of America$657,369,234
56American Electric Power$626,873,143
57Macquarie$611,234,987
58Dominion Resources$609,037,481
59Ameren$600,566,286
60Caithness Energy$585,969,130
61Mayo Clinic$585,000,140
62Wells Fargo$577,807,091
63Invenergy$569,248,038
64Amazon.com$566,631,549
65Clean Coal Power Operations$550,000,000
65Sematech$550,000,000
66Scripps Research Institute$545,000,000
67FedEx$542,463,240
68CF Industries$536,308,295
69Sears$536,145,538
70Johnson Controls$530,293,038
71Silver Lake$528,298,538
72Michelin$522,649,643
73LG$514,982,869
74Apple Inc.$513,065,035
75Bayer$507,923,098
76Walt Disney$487,845,349
77General Dynamics$462,551,498
78Prudential Financial$460,536,639
79Edison International$453,233,643
80Citigroup$451,096,334
81Honda$442,495,814
82Community Health Systems$435,357,409
83Ocwen Financial$434,717,872
84McEagle Properties$430,650,000
85Wanxiang$428,879,077
86Shin-Etsu Chemical$422,766,596
87Toshiba$422,593,244
88Exxon Mobil$420,557,882
89Comcast$419,339,825
90Marathon Petroleum$411,774,090
91Kia Motors$410,000,000
92Morgan Stanley$409,725,477
93AK Steel$407,135,176
94Mitsubishi Group$406,123,947
95Cornell University$400,000,000
96Honeywell International$391,236,591
97Ameream$390,000,000
98Entergy$386,371,181
99Nestle$384,155,045
Total$121,855,726,875 ($121.85 billion)
CORPORATIONS THAT PAY NO TAXESSource: Institute for Policy Studies
CompanyProfitsTaxes Paid
Bank of America$17,200,000,000$0
Citigroup$42,600,000,000$0
ExxonMobil$43,000,000,000$0Received $6.2 billion tax subsidy
FedEx$5,700,000,000$0Received $2.1 billion tax subsidy
General Electric$108,000,000,000$0
Honeywell$5,000,000,000$0
Merck$53,400,000,000$0Received $2.2 billion tax subsidy
Microsoft$60,800,000,000$0
Pfizer$73,000,000,000$0
Verizon$19,300,000,000$0Received $535 million tax rebate & $7.3 billion tax subsidy
Total$428,000,000,000 ($428 billion)

 

Your takeaway from all of this

  • Your are paying more for everything (ex: healthcare) and getting less (it’s called privatization)

 

  • Since Clinton, Democrats (like Republicans) want to cut Social Security, Medicare, Medicaid, and the safety net (ex: unemployment benefits)

 

  • The economy has flatlined and the Middle Class is bearing the brunt  of this because money that is being spent on the Military and corporations is not being recirculated throughout the economy (it’s taken out of the economy and ends up in the hands of a few wealthy individuals or corporations)

 

A Reminder

This has been  a “bipartisan” effort since both Republicans and Democrats have controlled the White House and Congress since 2001.

  • White House: Republicans 8 years & Democrats 8 years
  • House: Republicans 12 years & Democrats 4 years
  • Senate: Republicans 10 years & Democrats 6 years

 

Republicans and Democrats are not fit to govern this country.

This is not a liberal or a conservative issue; it is a matter of national priorities and bad decisions willfully made by the president and congress putting the interests of corporations over the wishes of voters.

Typically, people who create these types of problems get fired, otherwise they just continue to make things worse, which is what we have seen. If someone ran a company like this, they’d be put in prison. What the politicians have done is systematically undermine the nation’s people, the Constitution, and the Bill of Rights, and the future of the country.

 

No bankers were prosecuted for the financial meltdown.

No politicians were prosecuted for starting and continuing wars based on lies.

 

Think about that on the way to the voting booth in November.

 


This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License

 

NDP Note (Also related to this post):

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MOST FIRMS PAY NO INCOME TAX – CONGRESS

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OUR MILITARY IS MIND-BOGGLINGLY BIG

TOP MILITARY CONTRACTORS’ REVENUE AND TAX BREAKS

U.S. is 240 Years Old and It Has Spent Over 469 Years Fighting Wars: List of U.S. Wars at Home and Abroad