The Senate is preparing to pass a bill drastically cutting domestic spending by $1.7 trillion while granting $1.5 trillion in tax breaks mainly to the wealthiest taxpayers. In addition, the bill proposes to boost military spending, adding $150 billion to a Pentagon budget nearing $1 trillion, and funds for the controversial Golden Dome missile defense project, criticized as unrealistic. Overall, the legislation indicates a prioritization of warfare over welfare in budget allocations.
Over the last 60 years, the United States has spent more than $350 billion on efforts to develop a defense against nuclear-armed ICBMs. This effort has been plagued by false starts and failures, and none have yet been demonstrated to be effective against a real-world threat.
The version that passed the House recently would cut $1.7 trillion, mostly in domestic spending, while providing the top 5% of taxpayers with roughly $1.5 trillion in tax breaks.
As of now, in the battle between welfare and warfare, the militarists are carrying the day.
The bill...would allocate tens of billions of dollars to pursue President Trump's cherished but hopeless Golden Dome project, described as 'a fantasy'.
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