“It’s become a commonplace to say the US spends much more on defense than any other country — but what if that’s not exactly true? Inspired by something Army Chief of Staff Mark Milley said to the Senate, I pulled together some numbers that suggest America’s superior spending power erodes dramatically when you compare actual purchasing power. Once you factor in how much the US military spends on pay and benefits for uniformed and civilian personnel — almost half the budget by some measures — as opposed to weapons, operations, and training, then China’s defense budget may actually be bigger.”
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