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Related Topics Raju Narisetti's Tweet
http://www.futureofcapitalism.com/2011/05/raju-narisetti-tweet
Mike Allen's Politico Playbook reports:
Just for the record, on the substance of Mr. Narisetti's complaint (aside from the question of whether a news editor should be making it) the Department of Education reports that "School districts had total expenditures of approximately $562.3 billion in 2006-07, including about $476.8 billion in current expenditures for public elementary and secondary education. Of the remaining expenditures, $62.9 billion was spent on capital outlay, $14.7 billion on interest payments on debt, and $7.8 billion on other programs (programs such as community services and adult education, which are not a part of public elementary and secondary education)." For Fiscal 2007, the National Defense Budget (which includes not just the Pentagon but also a lot of other stuff like the flood control activities of the Army Corps of Engineers and the nuclear weapons activities of the Department of Energy) was $471 billion. So taxpayers are already spending more on education than on defense. And plenty of grassroots, volunteer fundraising activities exist to support defense operations as well as education. by Ira Stoll | May 9, 2011 at 11:57 am Related Topics: Education receive the latest by email: subscribe to the free futureofcapitalism.com mailing list Reader comments on this item
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