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While initially, in early 1861, war expenditure was 95% of the budget, by October 1864 that share fell to 40%, with the majority of the rest (56% overall) being accounted for by debt service. Civilian expenditures and spending on the Navy (recorded separately from general war expenditures in Confederate records) never exceeded 10% of the budget.
The Business of Civil War: Military Mobilization and the State, 1861–1865 (Johns Hopkins University Press, 2006). Ziparo, Jessica. This Grand Experiment: When Women Entered the Federal Workforce in Civil War–Era Washington, D.C. (University of North Carolina Press Books, 2017). Zonderman, David A. "White Workers and the American Civil War."
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 independent presidential candidate said he would reverse the nation's "decay" by cutting the U.S. military budget by ... off a high of more than 11% during the Korean War and about 4.5% during ...
Treasury Secretary Janet Yellen said the United States has made available $3.4 billion in additional budget aid to Ukraine, giving the war-torn country critical reso US announces $5.9 billion in ...
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President Joe Biden's fiscal 2023 budget proposal increases additional military spending as Russia's invasion of Ukraine rages on, and seeks tighter gun
As Governor of New York, Franklin D. Roosevelt had campaigned for the Presidency, in part, on a pledge to balance the federal budget. [4] [5] On March 10, 1933, six days after his inauguration, Roosevelt submitted legislation to Congress which would cut $500 million ($8.181 billion in 2009 dollars) from the $3.6 billion federal budget by eliminating government agencies, reducing the pay of ...