30 Apr 2019

Global military spending at new post-Cold War high, fueled by U.S., China: think-tank

The Stockholm International Peace Research Institute (SIPRI) is warning that countries across the world spent more on their armies last year than they did at any point since the Cold War ended. Worldwide military spending reached $1.82 trillion in 2018, a 2.6% increase over the year before. For the US

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25 Jan 2019

Budget Office: U.S. to spend projected $494 billion on nuclear weapons programs over next 10 years

The estimate for total U.S. spending on nuclear arsenal modernization and maintenance has been increased to $494 billion over the next 10 years, increasing 23% over the 2017 estimate. This rise will likely become a point of significant debate in the next year in the relevant congressional committees, and could

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24 Oct 2018

The military could see big spending changes if Democrats win control of Congress

“In July, as lawmakers were putting the final touches on a $716 billion defense authorization bill for fiscal 2019, members of the Congressional Progressive Caucus unveiled their own plans to severely slash Pentagon spending. The plan called for reductions in the base Pentagon budget, eliminating overseas contingency spending and ‘achieving

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