How Large Is The US Military Today … Though Accounting 40% Of Entire World’s Military Budget
Military expenses can be very mind-boggling. When considering the defense budget alone, one can start to understand, “How large is the US military? The United States military accounts for 40% of the entire world’s military budget. The US Military has the largest budget in the entire world. In dollars, we’re talking $900 billion in defense spending. While this is the highest in the world, it’s a smaller chunk of US GDP (3.4%) compared to other times in history. This massive injection of federal funds covers personnel costs, military base operations, and research. This money impacts countless lives and projects across the country.
A considerable portion goes to the Department of Veterans Affairs, supporting veterans.