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  2. Analysis-NATO won't back Trump's new defence spending ... - AOL

    www.aol.com/news/analysis-nato-wont-back-trumps...

    During last year's U.S. presidential election campaign, Trump proposed a 3% target, adding this would mean a defence budget increase of about 30% for most NATO countries. SPENDING SURGE

  3. What is Nato, which countries are members and will they ... - AOL

    www.aol.com/nato-countries-members-increase...

    Nato asks every member country to spend at least 2% of national income - also known as GDP - on defence. It is thought that 23 countries met that target in 2024 , compared to only three in 2014. [BBC]

  4. Rutte says NATO must spend smarter on defence or face ... - AOL

    www.aol.com/news/rutte-says-nato-must-spend...

    NATO estimated that 23 of its members met its current goal of spending 2% of GDP in 2024. “The 2% is not enough,” Rutte told a European Parliament committee session in Brussels.

  5. List of countries with highest military expenditures - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_with...

    The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies.

  6. Government spending in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_spending_in_the...

    However, federal spending increased relative to state and local spending as a result of World War I and World War II, and by the 1930s, state and local government spending accounted for less than one half of government spending. By 2019, federal spending was more than 20% of GDP, while state and local spending hovered around 17% of GDP.

  7. Defence spending: How Nato countries compare - AOL

    www.aol.com/defence-spending-nato-countries...

    In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence. ... Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 7:16 AM.

  8. National Defense Authorization Act for Fiscal Year 2024

    en.wikipedia.org/wiki/National_Defense...

    Authorize a $886 billion spending budget for national defense programs including: [20] [21] A 5.2% pay increase for service members of the armed forces. [20] [21] Procurement of up to 13 Virginia-class submarines. [22] [23] Authorize the sale and transfer of defense articles and services relating to the implementation of the AUKUS partnership ...

  9. Trump says NATO countries are 'taking advantage' and ... - AOL

    www.aol.com/trump-says-nato-countries-taking...

    The transatlantic alliance reached a milestone in 2024 when all non-U.S. NATO allies spent the 2% ... The U.S. contributes 3.4% of its GDP and about 16% of NATO's annual budget. Poland is in top ...