H.R. 5353 is pretty cut and dry:
It seems that Rep. John Conyers (D-MI) would agree, perpetual war is making you poor.To begin rectifying the situation, he's joined with Congressman Alan Grayson (D-FL) in co-sponsoring the "War is Making You Poor Act," which would limit defense spending to $548.9 billion: the exact figure alloted in the fiscal year 2011 budget.
Oh and there's this that might help sweeten the pot:
The act also seeks to utilize an additional $159.3 billion set aside for "discretionary" operations abroad to relieve the full federal income tax burden on every American's first $35,000 earned per year, or up to $70,000 per year for married couples.
While this is great news, it is only a start. Simply halving that massive budget would go a long way in solving many of our top domestic priorities, such as education, health care and job development to name a few (this pie chart helps put things into perspective). Unfortunately though, the defense industry is well staffed with many lobbyists that ensure that anything less than a large yearly increase for their weapons contracts would be akin to hating America and letting the terrorists win. If Conyers and Grayson could pass this Act, it would be a big step in the right direction, even if it only caps the spending where it is now.
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