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Hokie - how much is budgeted for the US military annually?
Posted on: October 8, 2022 at 10:14:01 CT
Ace UNC
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$754B in 2022
https://www.thebalancemoney.com/u-s-military-budget-components-challenges-growth-3306320
Estimated U.S. military spending for the fiscal year 2022 is $754 billion. It covers the period October 1, 2021, through September 30, 2022.1 Military spending is the second-largest item in the federal budget after Social Security.2
This figure is more than the $715 billion outlined by the Department of Defense alone.3
The United States has many departments that support its defense. All these departments must be included to get an accurate picture of how much America spends on its military operations.
Key Takeaways
The federal budget’s second-largest expense category is the military. Social Security takes the largest share.
The military budget covers the DoD, overseas contingency operations, the VA, Homeland Security, the State Department, and many others that involve national security.
To reduce military costs, the DoD must reduce its civilian workforce, pay and benefits of soldiers, and its military bases around the world.
Military spending has been increasing both the current U.S. debt and budget deficits.
The Components of U.S. Military Spending
If you really want to get a handle on what the United States spends on defense, you need to look at multiple components.
The $715 billion base budget for the Department of Defense is the main contributor to the defense budget, but there are a number of other agencies that protect our nation as well, and much of their spending is devoted to the military effort.4 They include the Department of Veterans Affairs ($113.1 billion). Funding for the VA has been increased by nearly $30 billion over 2018 levels. That's to fund the VA MISSION Act and the VA's healthcare system.5 The other agencies are: Homeland Security ($54.9 billion), the State Department ($63.6 billion), and the FBI and Cybersecurity in the Department of Justice ($10.3 billion).6
Defense Department Base Budget
The defense base budget for the fiscal year 2022 was established by the annual National Defense Allocation Act (NDAA), signed into law on December 27, 2021.1 It granted the DoD $715 billion to fund many longstanding efforts as well as a few new initiatives.3
First on the list are Nuclear Modernization ($27.7 billion), Missile Defense ($20.4 billion), and Long Range Fires ($6.6 billion).
Science and Technology ($14.7 billion) and Advanced Capability Enablers receive heightened attention in FY 2022, with $112 billion allotted for Research, Development, Test and Evaluation (RDT&E) alone.
The Air Force will spend $52.4 billion, including $12 billion for 85 F-35 Joint Strike Fighters. The Navy will spend $34.6 billion and the Army receives $12.3 billion.
The Department of Defense will also spend $20.6 billion on Space-Based Systems and $10.4 billion on Cyberspace Activities.
Additional funding goes to each department for readiness development. This includes $27.8 billion to the Army, $48.5 billion to the Navy and Marine Corps, $36.5 billion to the Air Force, and $9.4 billion for Special Ops.
Service members will receive a 2.7% pay raise and an increase in their housing allowance. Family members receive $8.6 billion for child care, education, and professional development.
DoD will spend $25 billion on building maintenance and construction.
https://www.thebalancemoney.com/u-s-military-budget-components-challenges-growth-3306320
Estimated U.S. military spending for the fiscal year 2022 is $754 billion. It covers the period October 1, 2021, through September 30, 2022.1 Military spending is the second-largest item in the federal budget after Social Security.2
This figure is more than the $715 billion outlined by the Department of Defense alone.3
The United States has many departments that support its defense. All these departments must be included to get an accurate picture of how much America spends on its military operations.
Key Takeaways
The federal budget’s second-largest expense category is the military. Social Security takes the largest share.
The military budget covers the DoD, overseas contingency operations, the VA, Homeland Security, the State Department, and many others that involve national security.
To reduce military costs, the DoD must reduce its civilian workforce, pay and benefits of soldiers, and its military bases around the world.
Military spending has been increasing both the current U.S. debt and budget deficits.
The Components of U.S. Military Spending
If you really want to get a handle on what the United States spends on defense, you need to look at multiple components.
The $715 billion base budget for the Department of Defense is the main contributor to the defense budget, but there are a number of other agencies that protect our nation as well, and much of their spending is devoted to the military effort.4 They include the Department of Veterans Affairs ($113.1 billion). Funding for the VA has been increased by nearly $30 billion over 2018 levels. That's to fund the VA MISSION Act and the VA's healthcare system.5 The other agencies are: Homeland Security ($54.9 billion), the State Department ($63.6 billion), and the FBI and Cybersecurity in the Department of Justice ($10.3 billion).6
Defense Department Base Budget
The defense base budget for the fiscal year 2022 was established by the annual National Defense Allocation Act (NDAA), signed into law on December 27, 2021.1 It granted the DoD $715 billion to fund many longstanding efforts as well as a few new initiatives.3
First on the list are Nuclear Modernization ($27.7 billion), Missile Defense ($20.4 billion), and Long Range Fires ($6.6 billion).
Science and Technology ($14.7 billion) and Advanced Capability Enablers receive heightened attention in FY 2022, with $112 billion allotted for Research, Development, Test and Evaluation (RDT&E) alone.
The Air Force will spend $52.4 billion, including $12 billion for 85 F-35 Joint Strike Fighters. The Navy will spend $34.6 billion and the Army receives $12.3 billion.
The Department of Defense will also spend $20.6 billion on Space-Based Systems and $10.4 billion on Cyberspace Activities.
Additional funding goes to each department for readiness development. This includes $27.8 billion to the Army, $48.5 billion to the Navy and Marine Corps, $36.5 billion to the Air Force, and $9.4 billion for Special Ops.
Service members will receive a 2.7% pay raise and an increase in their housing allowance. Family members receive $8.6 billion for child care, education, and professional development.
DoD will spend $25 billion on building maintenance and construction.
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Hokie - how much is budgeted for the US military annually? - Ace AU - 10/8 10:14:01
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