The budget agreement finally reached by Congress last Friday provides around $700 billion for national defense in fiscal years 2018 and 2019, an allocation in line with President Trump's 2019 budget request, released by the OMB this morning.
Here's what you need to know about that spending:
- The defense budget is big, about the same size as the entire Swiss economy. It consumes over half of discretionary spending, though only about 16 percent of the total budget (including Social Security, Medicare and other programs). But the expenditure is not unreasonable: Not only is the U.S. military the finest fighting force in the world, with over 2 million men and women on active duty or in the National Guard or Reserves, it also has components that are basically a health care company, a global supply chain outfit, and a sizable retail operation.
Read the full article in Axios.
More from CNAS
CommentaryFireside Chat with The Honorable David L. Norquist
On May 30, the Center welcomed The Honorable David L. Norquist for a conversation on the 2020 Defense Budget Request with Susanna V. Blume. Their discussion focused on whether...
By Susanna V. Blume & David L. Norquist
ReportsStrategy to Ask
Deputy Secretary of Defense Patrick Shanahan promised a “masterpiece” for 2020. The critical question this report asks is: Has he made good on that promise?...
By Susanna V. Blume
CommentaryWhat to Expect When You’re Expecting a Defense Budget Masterpiece
In December of 2017, before the Department of Defense released its 2019 budget request, then-Deputy Secretary of Defense Patrick Shanahan tried to manage expectations about it...
By Susanna V. Blume & Chris Dougherty
CommentaryDear Pentagon: It’s Not How Big Your Budget Is. It’s How You Use It.
Over the past two months, unusually public negotiations between the White House and the U.S. Department of Defense on the 2020 defense budget request have bounced from $733 bi...
By Susanna V. Blume