The United States Senate today finally made the bold move of halting the production of the F22 Raptor fighter plane. Voting 58-40 against the seven piece expansion to their massive fleet, producing more would cost the American government over $1.75 billion to create.

President Barack Obama happened to agree with seizing the production of these planes saying “At a time when we’re fighting two wars and facing a serious deficit, this would have been an inexcusable waste of money”.

Later this week another bill will be heading to the senate for 680.4 billion to be spent on the Defense Department during the Fiscal year of 2010. $369 million of these tax dollars will be spent on 12 brand new F35 fighter jets.

Source: Bloomberg