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Re:U.S. Army fudged its accounts by trillions of dollars, au... by mabbo on Friday August 19, 2016 @02:35PM (#12322320)
3.3% of GDP but what percentage of tax dollars?

It just seems a shame that a country that somehow can't afford to pay for the health care of it's citizens manages to lose track of literally trillions of dollars.

Re:U.S. Army fudged its accounts by trillions of dollars, au... by simonsarris on Friday August 19, 2016 @02:43PM (#12322404)
Oh my. Can someone check my numbers?

    France revenue:   953,000 million EUR
    Military budget:   41,300 million EUR (approx)
    = 4.33% of tax revenue military spending
vs

    USA revenue:     4,260,000 million USD
    Military budget:   597,500 million USD
    = 14.03% of tax revenue military spending
Damn.

I used:

https://en.wikipedia.org/wiki/List_of_countries_by_military_... (2015 numbers)

https://www.oecd.org/tax/revenue-statistics-united-states.pd...

https://www.oecd.org/tax/revenue-statistics-france.pdf

Re:U.S. Army fudged its accounts by trillions of dollars, au... by gaius on Friday August 19, 2016 @04:28PM (#12323213)
I believe your numbers are accurate but I also don't think that they tell the whole story. Is France's subsidy of Airbus military spending? Because America's subsidy of Boeing is. Is French scientific research spending military? Because America spends its research dollars via DARPA. And so on...
Re:U.S. Army fudged its accounts by trillions of dollars, au... by sean2 on Friday August 19, 2016 @06:39PM (#12324028)
If I understand your process, you multiplied US GDP by average tax burden, which makes sense, but here's another source that added other sources up: http://www.usgovernmentrevenue.com/total_revenue_2015USrn and got ~6,500 billon USD for USA Revenue. Using the same military budget, that makes = 7.69% of tax on military budget.

I think I see why everyone uses GDP: tax revenue is difficult to calculate, especially when it involves 50 states and a few territories.

Re:U.S. Army fudged its accounts by trillions of dollars, au... by acveilleux on Friday August 19, 2016 @02:44PM (#12322406)
Largely inconsequential.

The article is not very clear. The money that is not accounted for is $62.4B. The reason that money is unaccounted for is because of trillions of dollars of accounting adjustments in budgets.

That trillion dollars figure is just summing up the magnitude of all accounting adjustments throughout all the records of the DoD. The moral equivalent of:

    SELECT SUM(ABS(trans_amount)) FROM transactions WHERE trans_type = 'Adjustments';
In an imaginary accounting DB. The $62.4B figure was the same thing minus the "ABS()"...
Re:U.S. Army fudged its accounts by trillions of dollars, au... by dragonwriter on Friday August 19, 2016 @02:48PM (#12322468)
> It just seems a shame that a country that somehow can't afford to pay for the health care of it's citizens manages to lose track of literally trillions of dollars.

Its not trillions of dollars. Its trillions of dollars of adjustments, when you count the absolute value of all the adjustments to individual accounts. But that's -- as stated in the article -- in part because not only does every error involve at least two accounts, but also because the accounts are nested, so most adjustments in a detail account also involve adjustments in several parent accounts.

Re:U.S. Army fudged its accounts by trillions of dollars, au... by trsohmers on Friday August 19, 2016 @02:43PM (#12322396)
US revenue (Primarily taxes) for FY2014 was $3.02 Trillion, while defense spending was ~$640 Billion, so you could guesstimate roughly 20% of tax dollars for defense. That ~$640 Billion is out of a ~$1.1 Trillion discretionary spending by the US, while non discretionary (mandatory, things like social security and medicare) spending is over $2.4 Trillion.

If you add it all up, military spending makes up about 16% of total government spending.

Re:U.S. Army fudged its accounts by trillions of dollars, au... by aetherson on Friday August 19, 2016 @02:44PM (#12322413)
Well, it didn't lose track of trillions of dollars, it lost track of tens of billions. Which is still awful, don't get me wrong, but the Army doesn't have trillions of dollars to lose.
Re:U.S. Army fudged its accounts by trillions of dollars, au... by sliverstorm on Friday August 19, 2016 @02:45PM (#12322424)
We pay alright, social security & healthcare are nearly 50% of the federal budget.
Re:U.S. Army fudged its accounts by trillions of dollars, au... by serge2k on Friday August 19, 2016 @03:41PM (#12322900)
The US spends a huge amount on healthcare too.

Poor returns, but a huge amount spent.