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April 25, 2022

Global Military Spending Tops $2 Trillion; U.S. Outspends Next Nine Nations Combined
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Global military spending topped $2 trillion for the first time ever in
2021. That's according to a new report by the Stockholm International
Peace Research Institute. The United States spent over $800 billion -
that's more than the combined spending of the next nine nations, most of
whom are U.S. allies. The report also shows the United States spent more
than two-and-a-half times what China spent on its military and more than
10 times what Russia spent. The report also noted that nuclear-related
spending was among the U.S. military budget items that saw the largest
increases in 2021.


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