Search results
Results From The WOW.Com Content Network
For FY2021, the Department of Defense's discretionary budget authority was approximately $705.39 billion ($705,390,000,000). Mandatory spending of $10.77 billion, the Department of Energy and defense-related spending of $37.335 billion added up to the total FY2021 Defense budget of $753.5 billion. [48]
The president and Secretary McElroy contended that the budget was adequate to insure the nation's security. For the McElroy period, the Defense Department's total obligational authority by fiscal year was as follows: 1958, $41.1 billion; 1959, $42.1 billion; and 1960, $40.2 billion.
It amounted in total obligational authority to $77.7 billion, almost $3 billion more than in FY 1968. The final FY 1970 budget, which Clifford and his staff worked on before they left office after the election of Richard Nixon to the presidency, amounted to $75.5 billion TOA (Total Obligational Authority). [27]
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies.
A U.S. official said the $3.4 billion in budget funding brings the total in U.S. budget aid to Ukraine to just over $30 billion since Russia's invasion in February 2022.
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
Defense Secretary Pete Hegseth ordered the Pentagon to cut 8% of next year's defense budget – around $50 billion – from "low-impact and low-priority" Biden-era programs to redirect the funds ...
Total obligational authority approved by Congress during Wilson's tenure decreased significantly at first and then began to creep back up, but it remained lower than the Truman administration's last budgets, inflated because of the Korean War. The TOA for FY 1953, Truman's final Defense budget, was $44.2 billion.