Obama plan cuts defense spending to pre-9/11 levels
NATIONAL SECURITY
Obama plan cuts defense spending to pre-9/11 levels 10%
9.5%
8%
America will spend less on defense than before the September 11 attacks, if Congress approves President Obama’s budget plan. Defense spending today hovers below the 45-year average of 5.3 percent of total economic output. Cuts in missile defense and other weapons programs would reduce the budget to 2001 levels over the next decade.
6%
5.3% Average 3.0%
4.8%
3.0%
4%
2%
Spending on National Defense as Percentage of Gross Domestic Product
Actual
Projected
0 1962 1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015 2019
For research on defense spending, visit heritage.org and click on Protect America. Source: Heritage calculations using data from White House Office of Management and Budget.
The Heritage Foundation
Obama plan cuts defense spending to pre-9/11 levels 10%
9.5%
8%
America will spend less on defense than before the September 11 attacks, if Congress approves President Obama’s budget plan. Defense spending today hovers below the 45-year average of 5.3 percent of total economic output. Cuts in missile defense and other weapons programs would reduce the budget to 2001 levels over the next decade.
6%
5.3% Average 3.0%
4.8%
3.0%
4%
2%
Spending on National Defense as Percentage of Gross Domestic Product
Actual
Projected
0 1962 1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015 2019
For research on defense spending, visit heritage.org and click on Protect America. Source: Heritage calculations using data from White House Office of Management and Budget.
The Heritage Foundation
