Inside the Pentagon - April 12, 2018

CBO projects defense spending will top $3.3 trillion over next five years

Tony Bertuca   | April 11, 2018
The United States is projected to spend $3.325 trillion on defense over the next five years -- and nearly $7 trillion over the next decade -- amid a period of historic deficit increases, according to a new report from the Congressional Budget Office. Non-defense discretionary spending, meanwhile, is projected to be $3.511 trillion over the next five years and $7.480 trillion over the next decade, the report states. More broadly, CBO says that recent GOP-backed tax legislation and the omnibus...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting as the Trump administration puts its stamp on defense policy, planning and procurement.

Log in to access this content.