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Oct 20, 2022 · Department of Defense (DoD) contract obligations and payroll spending in the 50 states and the District of Columbia decreased by $34.9 billion, or 5.6 percent, over the prior year.
Aug 1, 2024 · The 2024 defense budget clarifies how much funding each military department will receive. Out of the five major Armed Forces managed by the DoD, the Air Force gets the most direct funding at $216.1 billion, followed by the Navy ($202.6 billion), Army ($165.6 billion), Marine Corps ($53.2 billion), and Space Force ($30.1 billion).
Feb 29, 2024 · US defense spending accounted for 3.6% of the United States’ gross domestic product in 2023. While the figure’s fallen from the level it reached at the height of the US intervention in Afghanistan and Iraq (5.5% in 2010) or during the Reagan-era defense buildup of the 1980s (7.7% in 1986–87), it’s still a large amount (figure 1).
Jun 8, 2023 · Areas like Southern California (aerospace), New Mexico (nuclear weapons), Missouri (combat aircraft), Texas (combat aircraft and military bases), Virginia (shipbuilding and defense consulting), Alabama (missiles and missile defense), and Connecticut (aircraft engines, helicopters, and submarines) receive substantial amounts of military spending, and their representatives are well represented ...
Feb 3, 2022 · It would later evolve into the Project on Government Oversight (POGO), the most effective current watchdog when it comes to Pentagon spending. A recent POGO analysis , for instance, documented the malfeasance of TransDigm, a military parts supplier that the Department of Defense’s Inspector General caught overcharging the Pentagon by as much as 3,800% — yes, you read that figure right ...
Jul 18, 2024 · Federal Budget, Federal Tax. The Center on Budget and Policy Priorities is a nonprofit, nonpartisan research organization and policy institute that conducts research and analysis on a range of government policies and programs. It is supported primarily by foundation grants. In fiscal year 2023, the federal government spent $6.1 trillion ...
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Mar 28, 2024 · In 2017, major entitlement programs—Social Security, Medicare, Medicaid, Obamacare, and other health care programs—consumed 52 percent of all federal spending, while the portion of spending for other national priorities (such as national defense) declined.