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A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.
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.
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
A United States federal law that specified the budget and expenditures of the United States Department of Defense (DOD) for Fiscal Year 2014. The law authorized the DOD to spend $607 billion in Fiscal Year 2014. [8] On December 26, 2013, President Barack Obama signed the bill into law. [9]
Learn more about how the government spends its money.
The Analysis of Alternatives (AoA) in the United States is a requirement of military acquisition policy, as controlled by the Office of Management and Budget (OMB) and the United States Department of Defense (DoD). It ensures that at least three feasible alternatives are analyzed prior to making costly investment decisions. [1]
The Center on Budget and Policy Priorities reported in April 2012 that the process for 2014 and beyond is different from 2013: [24] If Congress passes appropriations legislation that are below the Budget Control Act caps, then "unlike in 2013, there will be no automatic cut of all affected defense programs by the same percentage."
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