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  2. United States federal budget - Wikipedia

    en.wikipedia.org/wiki/United_States_federal_budget

    The amount of reduced federal revenues are significant, estimated by CBO at nearly 8% GDP or about $1.5 trillion in 2017, for scale roughly half the revenue collected by the government and nearly three times as large as the budget deficit.

  3. United States fiscal cliff - Wikipedia

    en.wikipedia.org/wiki/United_States_fiscal_cliff

    This is an accepted version of this page This is the latest accepted revision, reviewed on 21 February 2025. 2013 tax increase and spending decrease This article is part of a series on the Budget and debt in the United States of America Major dimensions Economy Expenditures Federal budget Financial position Military budget Public debt Taxation Unemployment Gov't spending Programs Medicare ...

  4. Military budget of the United States - Wikipedia

    en.wikipedia.org/wiki/Military_budget_of_the...

    Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.

  5. Military–industrial complex - Wikipedia

    en.wikipedia.org/wiki/Military–industrial_complex

    This does not include many military-related items that are outside of the Defense Department's budget. Overall, the U.S. federal government is spending about $1 trillion annually on military-related purposes. [30] U.S. President Joe Biden signed a record $886 billion defense spending bill into law on December 22, 2023. [31]

  6. Energy policy of the United States - Wikipedia

    en.wikipedia.org/wiki/Energy_policy_of_the...

    In 2016, federal government energy-specific subsidies and support for renewables, fossil fuels, and nuclear energy amounted to $6,682 million, $489 million and $365 million, respectively. [ 40 ] On June 1, 2017, then-President Donald Trump announced that the U.S. would cease participation in the 2015 Paris Agreement on climate change mitigation ...

  7. Russian Armed Forces - Wikipedia

    en.wikipedia.org/wiki/Russian_Armed_Forces

    Pie chart showing global military expenditures by country for 2018, in US$ billions, according to the International Institute for Strategic Studies The Russian government's published 2014 military budget is about 2.49 trillion rubles (approximately US$69.3 billion), the fourth largest in the world behind the US, China and Saudi Arabia.

  8. Economy of China - Wikipedia

    en.wikipedia.org/wiki/Economy_of_China

    In 2020, China produced over 1053 million tonnes of steel, over half of the world total. This was an increase of 5.6% over the previous year as global steel production fell by 0.9%. China's share of global crude steel production increased from 53.3% in 2019 to 56.5% in 2020, decreasing -2.1% in 2021. [239]