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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.
A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.
April 2024. Retrieved 22 April 2024. ^ "International Comparisons of Defence Expenditure and Military Personnel". The Military Balance. 124 (1): 542–547. 31 December 2024. doi: 10.1080/04597222.2024.2298600. ISSN 0459-7222. ^ "Why Russian Military Expenditure Is Much Higher Than Commonly Understood (As Is China's)".
See how the US military budget compares to other countries around the world. ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business. Elections. Entertainment.
Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq. Military spending was cut slightly during the Obama administration, but the Trump administration planned to ramp up military spending to combat ISIL. National defense spending was expected to be $678 billion in 2019, an ...
The United States spends more on defense than the next 10 highest-spending countries combined. Defense accounts for half of America's discretionary spending and 15% of total federal spending.
How much the U.S. should allocate to the Department of Defense remains a contentious topic in the debate over government spending. After a great deal of chaos, on March 23—about halfway through ...
The National Defense Authorization Act ( NDAA) is any of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961. [ 1][ 2] The U.S. Congress oversees the defense budget primarily through two yearly bills: the National Defense Authorization Act and ...