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Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources. 40 countries with the highest military spending worldwide in 2023 [ 1 ] SIPRI Military Expenditure Database [ 3 ]
Federal spending per capita (that is, per person in the U.S.) was approximately $11,551 during 2011, versus $6,338 in 2000. Adjusted for inflation, these amounts were $5,133 in 2011 and $3,496 in 2000. Adjusted for inflation, federal spending per person remained around $3,500 throughout the 1990s.
9. 2019. DoD budget: $687.8 billion Year-over-year difference: +2.56% or $17.2 billion Former President Trump became the first U.S. sitting president to step across the military demarcation line ...
Interest payments on the national debt are set to eclipse defense spending this year for ... year ever that the United States will spend more on ... 138 billion per year. In the 2000s, it was $318 ...
800-290-4726 more ways to reach us. Mail. Sign in. ... the fiscal year—Congress approved an appropriations ... down personnel would help reduce military spending while still ...
In 1970, the United States government spent just over $80 billion on national defense. Over the next two decades, national defense spending increased steadily to around $300 billion per year. [11] Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq.
WASHINGTON (Reuters) -President Joe Biden on Friday signed into law the U.S. defense policy bill that authorizes a record $886 billion in annual military spending and policies such as aid for ...