DOD’S OUT OF CONTROL SPENDING
Wednesday, January 15th, 2025
Be sure to CALL your senators to encourage their support for ALL of Trump’s nominees. It is important to call rather than sending an email as the senator’s office must record all calls. Nancy
DoD Had Its Most Spendy Month Since the Bush EraSec. Austin’s DoD spent more in September 2024 than any month since 2008, when Iraq and Afghanistan conflicts raged.
The Department of Defense spent $79.1 billion on contracts and grants in September 2024, making it the military’s most expensive month for such purchases since 2008. Not since George W. Bush was president has the military funneled so much cash out the door so quickly. The dollar total includes $33.1 billion spent in the last five working days of September, which was 7% of the Pentagon’s contract and grant spending for all of fiscal year 2024. Only 11 other countries typically spend that much on their entire military in a full year. On Friday, Sept. 27 alone, the DoD spent $11.7 billion on contracts and grants. Federal agencies typically go on spending sprees at the end of the fiscal year, likely due to “use-it-or-lose-it” funding rules. They’re worried that spending less than their budget allows will cause Congress to give them less money the following year. |
