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The Stockholm International Peace Research Institute (SIPRI) reports that in 2012 the United States spent $711 billion on defense, or, 41% of the world's total defense expenditures. That's roughly five times the amount spent by China, and ten times the amount spent by Russia.
America has more than 700 overseas military bases (the Pentagon cannot provide an exact number); the Russians have 11, 10 of which are located in former Soviet republics; the Chinese, zero.
It will be a great day when both have the money they need. There are ways we can expand our military power without spending BILLIONS of money, such as extending the service life of older weapons, like Reagan did, or investing in programs that are already underway, like building more of simpler but still excellent Fighter Aircraft instead of investing BILLIONS in high-tech Fighters.
Actually, American schools aren't funded on the federal level, as the military is. Schools are funded primarily by states, counties, and cities. Collectively, these entities spend several hundred billion dollars per school year (In the 2004-2005 year, for instance, the US spent an estimated $536 billion on K-12 education, as seen here: [link]). Another thing is that school funding often relies on local tax levies that have to be passed by referendum.
Another thing is that school funding often relies on local tax levies that have to be passed by referendum.
Heh. If only.