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- Introduction
- Contents
- Federal Revenue
- Taxes & Tax Rates
- Federal Spending
- Budget Comparisons
- Projected Spending
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Defense Spending Is on the Decline Despite the War on Terrorism |
Although the United States is currently spending a significant portion of GDP on the military, defense spending has actually declined significantly since the early 1960s. |
Discretionary Spending as a Percentage of GDP |
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Source: Outlays from the the FY 2009 Historical Tables, Budget of the United States Government, Table 8.1, and Congressional Budget Office, Long-Term Budget Outlook, December 2007. |
