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Us Military Budget

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Hidden Billions: How the U.S. Military Budget Exceeds Official Figures by Over $1 Trillion
politics12 days ago

Hidden Billions: How the U.S. Military Budget Exceeds Official Figures by Over $1 Trillion

A new report by the Project on Government Oversight (POGO) argues that the true cost of U.S. military spending is significantly higher than official figures suggest. By consolidating funds hidden across 17 other government agencies, the total military budget for fiscal year 2025 reached approximately $1.72 trillion, compared to the $850 billion appropriated to the Department of Defense. President Trump’s proposed 2027 budget could push this total to $2.6 trillion, consuming 75% of discretionary spending. The report highlights that costs for nuclear weapons, veterans' benefits, and the Coast Guard are often excluded from standard Pentagon budget reports, obscuring the full scale of military expenditure from the public.

Europe Fuels Global Military Spending to a Record $2.9 Trillion in 2025
world5 months ago

Europe Fuels Global Military Spending to a Record $2.9 Trillion in 2025

Global military expenditure rose to about $2.89 trillion in 2025, led by Europe’s 14% jump to $864 billion (with Germany up 24% to $114 billion and Spain up 50%), while U.S. spending declined about 7.5% to $954 billion; Asia-Pacific grew 8.1% to $681 billion, including Taiwan and Japan increases. SIPRI notes the global defense share of GDP rose to 2.5%, the highest since 2009, amid wars and geopolitical tensions. The EU eyeing up to €800 billion in defense mobilization by 2030, and defense stocks surged across Europe and Asia as spending accelerates.