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dieterrams | 7 years ago
It's a little over a third of what it was 60 years ago as a percentage of GDP. And this is in line with most other developed nations.
As a percentage of the federal budget, military spending accounts for 16% of the total budget, and 54% of discretionary spending. The US also spends 2-3x more per capita on the military than France, the UK, and Germany.
tcbawo|7 years ago