Source: CounterPunch
by Dean Baker
“Most people have little understanding of what is big or small in the federal budget, in large part because the media have made a conscious decision to not inform people. Rather than taking ten seconds to indicate what share of the budget a particular item is, they just write huge numbers in the millions or billions, knowing they are completely meaningless to almost everyone who sees them. With this in mind, I thought it would be useful to write a piece pointing out that the $200 billion (2.9% of the budget) Trump plans to ask to cover the cost of his war in Iran is, in fact, a big deal. While this is still less than what we spend on huge social programs like Social Security, Medicare, and Medicaid, it is far larger than most of the items that are subject of major political debates.” (03/25/26)
https://www.counterpunch.org/2026/03/25/200-billion-for-trumps-iran-excursion-is-real-money/