SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
Whereas some argue, for example, that single-payer healthcare is impossible, those same voices remain "pretty quiet on the F-35 being a money pit." (Photo: Forsvarsdepartementet/flickr/cc)
Nation "Too Broke" for Universal Healthcare to Spend $406 Billion More on F-35
There is always another $27 billion lying around, it seems, when Lockheed Martin needs more money for expensive weapons system
Jul 10, 2017
The nation's most expensive weapons program isn't done showing U.S. taxpayers how much it will ultimately cost them, with Bloomberg reporting Monday that the F-35 fighter jet budget is now predicted to jump by a cool $27 billion.
"Think about [F-35's] $405 billion price tag when a family member dies of a preventable disease. Get angry."
Though the estimated future cost of the program had previously hovered at a mind-boggling $379 billion, an updated draft that could be submitted to Congress as early as today will reportedly exceed $406 billion--a nearly 7 percent increase.
The new cost increases may come as a hit to President Donald Trump, who has bragged about his ability to get weapons manufacturers to offer the Pentagon "better deals."
Rob Garver, national correspondent for the Fiscal Times, made the point this way:
Others simply pointed out how ridiculous it is that a weapons program so fraught with failures is allowed to receive such outlandish funding when lawmakers--mostly Republicans, but also many Democrats--continue to argue that the nation is "too broke" to increase spending on social programs that improve education or healthcare.
We are at a crossroads
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
The nation's most expensive weapons program isn't done showing U.S. taxpayers how much it will ultimately cost them, with Bloomberg reporting Monday that the F-35 fighter jet budget is now predicted to jump by a cool $27 billion.
"Think about [F-35's] $405 billion price tag when a family member dies of a preventable disease. Get angry."
Though the estimated future cost of the program had previously hovered at a mind-boggling $379 billion, an updated draft that could be submitted to Congress as early as today will reportedly exceed $406 billion--a nearly 7 percent increase.
The new cost increases may come as a hit to President Donald Trump, who has bragged about his ability to get weapons manufacturers to offer the Pentagon "better deals."
Rob Garver, national correspondent for the Fiscal Times, made the point this way:
Others simply pointed out how ridiculous it is that a weapons program so fraught with failures is allowed to receive such outlandish funding when lawmakers--mostly Republicans, but also many Democrats--continue to argue that the nation is "too broke" to increase spending on social programs that improve education or healthcare.
The nation's most expensive weapons program isn't done showing U.S. taxpayers how much it will ultimately cost them, with Bloomberg reporting Monday that the F-35 fighter jet budget is now predicted to jump by a cool $27 billion.
"Think about [F-35's] $405 billion price tag when a family member dies of a preventable disease. Get angry."
Though the estimated future cost of the program had previously hovered at a mind-boggling $379 billion, an updated draft that could be submitted to Congress as early as today will reportedly exceed $406 billion--a nearly 7 percent increase.
The new cost increases may come as a hit to President Donald Trump, who has bragged about his ability to get weapons manufacturers to offer the Pentagon "better deals."
Rob Garver, national correspondent for the Fiscal Times, made the point this way:
Others simply pointed out how ridiculous it is that a weapons program so fraught with failures is allowed to receive such outlandish funding when lawmakers--mostly Republicans, but also many Democrats--continue to argue that the nation is "too broke" to increase spending on social programs that improve education or healthcare.
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.
To inform. To inspire. To ignite change for the common good.
News & Opinion
Trending
Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit
Privacy Policy