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Blog Posts on defense
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Tuesday, May 24, 2011 - 3:52 PMBy Rebecca Williams A viable plan to reduce our country’s mounting deficits and debt will be built on painful choices that include revenue increases and cuts to all government spending, including entitlements and defense. With such thorny issues at stake, it should come at no surprise that many policymakers turn to the easy issue first --... Read More
defense Indicators
Defense Spending
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This chart shows historical and projected data on the amount our government spends on national defense as a percentage of U.S. Gross Domestic Product. Over the next decade, spending on defense is projected to decrease by 1 percent of GDP.
Congressional Budget Office, Jan. 2012
About the Issue
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Defense spending accounts for roughly half of the portion of the budget referred to as discretionary spending, which is determined through the annual...