What is the budget of the Department of the Navy?

DON’s proposed FY2023 budget requests $230.8 billion, of which, DON states, $180.5 billion (78.2%) is for the Navy and $50.3 billion (21.2%) is for the Marine Corps.

How much money did the Department of Defense spend in 2013?

$620 billion
The Obama Administration’s FY 2013 budget requests a total of $620 billion for the Department of Defense (DoD). 2 The base budget for the Department includes $525.4 billion in discretionary funding and $6.3 billion in mandatory funding.

What was the US military budget in 2015?

The Obama Administration’s fiscal year (FY) 2015 budget requests a total of $560.4 billion in funding for the Department of Defense (DoD), including $495.6 billion in the base discretionary budget, $6.2 billion in mandatory funding, and $58.6 billion in supplemental funding for Overseas Contingency Operations (OCO).

Which U.S. military branch has the biggest budget?

In the fiscal 2020 defense budget request, based on the pool of money allocated to the base budgets of the services alone, 35.6 percent goes to the Air Force, 27.9 percent goes to the Army, and 36.4 percent goes to the Navy (including the Marine Corps).

What is the 2020 military budget?

around 766.58 billion U.S. dollars
In 2020, the United States spent around 766.58 billion U.S. dollars on its military. This figure is a decrease from 2010, when U.S. military spending amounted to 865.27 billion U.S. dollars (when adjusted to 2019 dollars).

Which military branch has the biggest budget?

What is the Army budget?

The budget is comprised of $163 billion in base funding and $15 billion for overseas operations. The request is a 1.7% boost over the Army’s $175 billion fiscal 2022 enacted budget and is level with FY21 enacted funding.

What was the largest part of the federal budget in 2013?

Individual income taxes: 8.4% Corporation income taxes: 8.2% Social insurance (mainly payroll) taxes: 6.6% Total tax revenues: 7.6%

What is the US military budget 2021?

United States focuses on military research and development US military spending amounted to $801 billion in 2021, a drop of 1.4 per cent from 2020. The US military burden decreased slightly from 3.7 per cent of GDP in 2020 to 3.5 per cent in 2021.

Which military branch is the least funded?

Instead, 28.9 percent goes to the Air Force, 25.7 percent goes to Army, 29.0 percent goes to the Navy and 16.4 percent goes to defense-wide spending. Either way, once defense-wide spending is included in the defense budget total, the Army receives the least funding of the three military services.

Who has the richest military?

The United States
Worldwide leaders in military spending The United States led the ranking of countries with highest military spending in 2021, with 801 billion U.S. dollars dedicated to the military.

Who has the largest military budget?

What is China’s military budget?

Defense spending will rise by 7.1% to 1.45 trillion yuan ($230.16 billion) this year, faster than the 6.8% increase in 2021 and 6.6% climb in 2020, according to official data. China’s defense spending rose by 7.5% in 2019 to 1.19 trillion yuan.

What is the 2022 military budget?

$778 billion
According to ExecutiveGov, the country’s proposed spending, mainly the Department of Defense budget, reached $778 billion in 2022, which is a 14% increase in military spending compared to 2017. According to the ranks, the second country is China, which has a military budget of $229 billion.

What was the military budget in 2011?

For the 2011 fiscal year, the president’s base budget for the Department of Defense and spending on “overseas contingency operations” combine to bring the sum to US$664.84 billion.

What was Germany’s military budget?

In 2021 the Ministry of Defence (MOD) received €46.9 billion in funding. To reach the 2 per cent target, Germany’s military expenditure would have to rise to €75.5 billion in 2022 and €85.6 billion by 2026.

How much did the government spend in 2013?

2013 United States federal budget

Submitted	February 13, 2012
Total expenditures	$3.803 trillion (requested) $3.45 trillion (actual) 20.8% of GDP (actual)
Deficit	$901 billion (requested) 5.5% of GDP $680 billion (actual) 4.1% of GDP (actual)
Debt	$16.72 trillion (at fiscal end) 100.8% of GDP
GDP	$16.582 trillion