How much is the US spending on military 2022?
All told, the 2022 Department of Defense Appropriations Act provides $728.5 billion in discretionary spending for the DOD and related activities—roughly 5 percent more than the funding in fiscal 2021 and above the $715 billion requested by the Biden administration.
How much of the US budget goes to military?
What percentage of the U.S. budget is spent on the military? Defense spending accounts for $754 billion of the $7.2 trillion annual budget for 2022. 2 That means it accounts for roughly 10.5% of the U.S. budget.
How much is the US military budget 2021?
For Fiscal Year 2021 (FY2021), the Department of Defense’s discretionary budget authority is approximately $705.39 billion ($705,390,000,000). Mandatory spending of $10.77 billion, the Department of Energy and defense-related spending of $37.335 billion added up to the total FY2021 Defense budget of $753.5 billion.
Has the Senate passed the NDAA 2022?
The United States Senate today passed the National Defense Authorization Act for Fiscal Year 2022 by a vote of 88-11.
Who has the largest military budget in the world?
Top 10 Countries with the Highest Military Expenditures (2020):
- The United States — $778 billion.
- China — $252 billion [estimated]
- India — $72.9 billion.
- Russia — $61.7 billion.
- United Kingdom — $59.2 billion.
- Saudi Arabia — $57.5 billion [estimated]
- Germany — $52.8 billion.
- France — $52.7 billion.
Who voted for the National Defense Authorization Act 2022?
4350, the National Defense Authorization Act for Fiscal Year 2022, which passed the House on September 23 by a vote of 316-113; and (2) S. 2792, the National Defense Authorization Act for Fiscal Year 2022, which was approved by the Senate Armed Services Committee on July 21 by a vote of 23-3.