Defense Spending

Graph showing that the U.S. spends more than 4 times as much money on defense than any other nation

"Last of the Big Time Spenders: U.S. Military Budget Still the World's Largest, and Growing" (source: Center for Defense Information)

For up-to-date information about defense spending and other defense-related topics, visit the Center for Defense Information (CDI).

Record Defense Budget Reflects Wrong Priorities, Experts Charge

WASHINGTON -- The steep increases in U.S. defense budgets under President George W. Bush have largely failed to strengthen the nation's security since the 9/11 attacks, and the proposed $230 billion fiscal year 2005 budget is no exception, according to a task force of nine national-security experts.

The report, "A Unified Security Budget for the United States," concludes that some $51 billion dollars of the proposed 2005 budget could be saved by reallocating funding within military accounts, and the savings could be used on non-military initiatives that could substantially boost overall security.

Proposed Military Program Changes
Annual change in funding, billions of dollars
Prepare for new missions + 5
F/A-22 Raptor fighter - 4.0
Virginia-class submarine - 2.1
Comanche helicopter - 1.4
DDX destroyer - 2.0
Future Combat System - 0.7
Nuclear warhead maintenance - 3.2
Nuclear weapons - 1.5
Missile defense - 8
Army Guard divisions - 4
R&D - 22
NATO force - 7
TOTAL - 51

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Last modified: Wed Mar 17 11:24:34 CST 2004