Yahoo Finance America's Staggering Defense Budget in One Chart
The military news site Defense One examined the White House’s budget request for the Pentagon and mapped it against levels seen since the second world war.
The site found that, “According to historical data from the Department of Defense, and controlling for inflation, $686 billion is far more than President Reagan ever spent on the military during the Cold War and more than the U.S. military spent at the height of the wars in Vietnam and Korea. In fact, in all the decades after World War II, this level of military spending is second only to spending during the peak years of the wars in Iraq and Afghanistan.”
[[{"fid":"112152","view_mode":"inline","fields":{"format":"inline","alignment":"","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false,"field_description[und][0][value]":"","field_description[und][0][format]":"full_html","field_copyright[und][0][value]":""},"type":"media","field_deltas":{"1":{"format":"inline","alignment":"","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false,"field_description[und][0][value]":"","field_description[und][0][format]":"full_html","field_copyright[und][0][value]":""}},"link_text":null,"attributes":{"height":292,"width":620,"class":"media-element file-inline","data-delta":"1"}}]]
