As the US military continues to try to disengage from the Middle East and draw down, the country's defense budget continues to fall. In 2015, the US' estimated military budget is expected to be $ ...

To put U.S. military spending in context, consider GDP and population shares relative to the rest of the world, as of 2013. The pie charts demonstrate that the United States accounts for a larger ...

Earlier this week we posted an article on long-term trends in US defense spending ... has meant in practice. The chart below provides a clue: The last time defense spending exceeded social ...