Charts
Feb 17, 2021
Trend in Defense Spending
Defense spending is projected to stay below its historical share of GDP.
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Press Releases & Statements
Feb 11, 2021
Peterson Statement on CBO 10-Year Budget and Economic Outlook
“This new report provides the latest evidence that our fiscal condition has worsened significantly since the pandemic began, and will need to be addressed once we’re through the COVID crisis,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Explainers
Jan 11, 2021
Budget Basics: National Defense
The United States spent $686 billion on national defense during fiscal year (FY) 2019 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
Explainers
National Security Solutions
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
Programs & Projects
Voters' Fiscal Guide 2020
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Infographics
Dec 10, 2020
Infographic: The Facts About U.S. Defense Spending
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
Blog Posts
Oct 7, 2020
What are Overseas Contingency Operations?
Military activities are funded by federal appropriations to the Department of Defense. Learn more about how military spending is used to meet national priorities in war zones.
https://www.pgpf.org/blog/2020/10/what-are-overseas-contingency-operations
Blog Posts
May 15, 2020
The United States Spends More on Defense than the Next 10 Countries Combined
U.S. defense spending increased substantially from 2018 to 2019 relative to other countries.
Charts
May 14, 2020
U.S. Defense Spending Compared to Other Countries
The United States spends more on defense than the next 10 countries combined.
Charts
May 13, 2020
U.S. Defense Spending Relative to the G7
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.