Top 7 Fiscal Charts from 2016
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016
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Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2023.
Defense spending is projected to stay below its historical share of GDP.
Spending on foreign affairs accounts for slightly more than 1 percent of total federal spending.
https://www.pgpf.org/chart-archive/0239_foreign_affairs_spending
Defense spending covers a wide range of activities.
https://www.pgpf.org/chart-archive/0314_defense_spending_categories
The composition of defense spending has changed over time.
https://www.pgpf.org/chart-archive/0315_defense_spending_change
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.
The United States spends more on defense than the next 9 countries combined.
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Federal spending for international affairs, which supports American diplomacy and development aid, is a small portion of the U.S. budget.
https://www.pgpf.org/blog/2023/05/how-much-does-the-government-spend-on-international-affairs