Sunday, March 29, 2009

***U.S. Defense Spending vs. Global Defense Spending

The United States is far and away the global leader in defense spending. In 2007, the most recent year for which complete data is available, the United States approved $660 billion in defense budget authority (FY09 dollars). This figure includes funding for DOD's base budget, DOE-administered nuclear weapons activities, and supplemental appropriations for Iraq and Afghanistan.