In fiscal year 2015, Pentagon and related spending will total $598 billion, accounting for 54 percent of all federal discretionary spending. That's roughly the size of the next seven largest military budgets around the world, combined.
The United States still makes up the lion’s share of world military spending, with its $801 billion in 2021 representing 39% of the world’s military budget.
President Biden’s FY 2023 budget request once again prioritizes violence, the military and war over peace and human needs. But more spending on militarism can’t address the nation’s or the world’s problems.
The budget deal announced today repeats a longtime pattern by putting more resources into the military and war than into K-12 education, affordable housing, public health, scientific and medical research, early childhood education and care, and homelessness combined.
