Government Information

Earl Gregg Swem Library

Growth in DoD’s Budget From 2000 to 2014

Categories: Defense/Military,Govt Finance,Prices/Inflation,Statistics

http://www.cbo.gov/sites/default/files/cbofiles/attachments/49764-MilitarySpending.pdf

Reports that the Defense Department’s budget grew from $384 billion in 2000 to $502 billion in 2014 in inflation-adjusted real terms, an overall increase of 31%.  Also breaks down the increases by component parts of the defense budget.  From the Congressional Budget Office