U.S. federal spending for the Pentagon are now higher than during the Korean War, Vietnam War, and the Reagan years.
Total Federal Outlays (Dollars in Billions)
World War II (FY 1945) | Korean War (FY 1953) | Vietnam War (FY 1968) | Reagan Era Peak Spending (FY 1988) | Current (FY 2016) | |
---|---|---|---|---|---|
Defense Budget (in FY 2009 Constant Dollars) | $994 billion | $532 billion | $523 billion | $532 billion | $569 billion |