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The U.S. spent more on interest on the national debt than it has on other national priorities over the past decade.
https://www.pgpf.org/chart-archive/0305_interest_spending_priorities
By making smart, strategic decisions about future national security requirements policymakers can ensure that our military is strong and that we are prepared to defend our nation from threats while also avoiding potential waste of precious national resources
Defense spending is projected to stay below its historical share of GDP.
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.
The United States spent $631 billion on national defense during fiscal year (FY) 2018 according to the Office of Management and Budget, which amounts to 15 percent of the federal budget.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
Spending on foreign affairs accounts for slightly more than 1% of total federal spending.
https://www.pgpf.org/chart-archive/0239_foreign_affairs_spending
Compensation and medical care make up more than 40 percent of the defense budget.
https://www.pgpf.org/chart-archive/0216_compensation_defense_budget
The United States spends more on defense than the next seven countries combined.
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
Admiral Michael G. Mullen began by making a strong connection between our national security and fiscal health, saying that our debt is an issue that requires a “sense of urgency … and we really need fix it very, very quickly” as a fundamental part of ensuring our strength at home and abroad.
