title: Bankrupting america: President Carter's military budget.
abstract: This paper analyzes the tax burden that will be imposed on U.S. taxpayers over the next five years as a result of President Carter's proposed $1 trillion 16.4 billion military budget. Data are provided for states and selected metropolitan areas. The destructive impact of this enormous expenditure--including further inflation, soaring interest rates, and continued impoverishment of the civilian economy and American society as a whole--is stressed.
mesh_terms: D002017:Budgets / Q000639:trends*; D005376:Financial Management / Q000639:trends*; D006077:Government Agencies; D006801:Humans; D007250:Inflation, Economic / Q000639:trends; D008891:Military Science / Q000191:economics*; D012959:Socioeconomic Factors; D013223:Statistics as Topic; D013660:Taxes / Q000639:trends; D014481:United States