what part of the military needed to have money spent on them? crash course

by Hilario Kuphal DVM 6 min read

How is the military funded and what does it look like?

Here’s how the military is funded and what its budget looks like: The U.S. military budget is the amount of money allocated to the Department of Defense and other defense agencies each year for military spending. It comes from the discretionary federal budget and will equal about $773.5 billion for Fiscal Year 2017.

Who spends the most money on their military?

By far, the United States spends more money on it’s military than any other country in the world. In fact, it takes the combined military budgets of the top 7 nations underneath the United States to equal what the U.S. military costs annually. Just the second-ranked nation in military spending, China, still spends half what the United States does.

Are there any quirks about money in the military that nobody warned me?

Unfortunately, there are a lot more quirks about money in the military that nobody warned me about. Here’s what I wish I had known. Most of us know it’ll be wrong when you first enter the military, but it doesn’t end there.

What does the government do with its military budget?

Here’s what they do with their piece of the military budget: Healthcare, retirement, housing, and other benefits. Trim down unnecessary infrastructure to save money. Missile defense, both nationally and regionally. Programs within individual military branches, such as the Joint Strike Fighter program of the Air Force.

What were Jefferson's four main goals?

He committed his administration to repealing taxes, slashing government expenses, cutting military expenditures, and paying off the public debt.

What were the actual wars during the Cold War and what was sought by the two?

And to be fair, the Cold War did involve quite a lot of actual war, from Korea to Afghanistan as the world's two superpowers, the United States and the USSR, sought ideological and strategic influence throughout the world. So perhaps it's best to think of the Cold War as an era lasting roughly from 1945 to 1990.

Who wrote the mystery document quizlet?

Who was the author of the MYSTERY DOCUMENT? Tecumseh.

What was the Truman Doctrine crash course?

4:1713:33The Cold War: Crash Course US History #37 - YouTubeYouTubeStart of suggested clipEnd of suggested clipAnd we were off to the Cold War races the Truman Doctrine created the language through whichMoreAnd we were off to the Cold War races the Truman Doctrine created the language through which Americans would view the world with America as free and communists as tyrannical.

What was one reason the United States sought to build up its hard power at the beginning of the Cold War?

What was one reason the United States sought to build up its hard power at the beginning of the Cold War? The United States wanted to ensure that it could stop Soviet aggression.

What is the importance of mystery document?

In place, John began a segment called the Mystery Document, in which he took advatange of the United States' relative youth (and thus the abundance of written documents) by reading aloud a document that Stan had picked for him without his knowledge; he must then guess the author.

How long did the Articles of Confederation last quizlet?

The Articles of Confederation was in effect for eight years (1781-1789) and there was one president during each of those years. The Articles of Confederation was replaced by the Constitution so that the U.S. could form a stronger government.

How did the government help businesses grow in the 1920's?

But anyway, during the 1920s, the government helped business grow like gangbusters, largely by not regulating it much at all. This is known as laissez-faire capitalism.

What is the most expensive military in the world?

The U.S. Military Budget Compared to Other Nations. America’s military is not just the most powerful in the world; it’s also the most expensive. By far, the United States spends more money on it’s military than any other country in the world.

How much is the military budget for 2017?

It comes from the discretionary federal budget and will equal about $773.5 billion for Fiscal Year 2017. The budget is divided up between different operations and departments within the DOD and between the various military branches. There are three types of federal spending: mandatory, discretionary, and interest on debt.

What are the three types of federal spending?

There are three types of federal spending: mandatory, discretionary, and interest on debt. Discretionary spending is set by Congress after an analysis of annual appropriations. In FY 2015, 29 percent of all federal funds were discretionary, and 54 percent of these (more than half) went to the military. To further emphasize just how much money is ...

Should the DoD reduce spending on personnel?

In their efforts to save money, the DoD could and should reduce spending in personnel and maintenance, such as the number of civilians it employs, the amount of benefits per soldier, and the number of operating military bases. But Congress has proven to be a stumbling block in these endeavors.

Is the Department of Defense the most efficient spender?

The Department of Defense is not the most efficient spender out there, and they know this. About a third of their budget is spent on just maintaining equipment and personnel. By 2024, rising retirement costs are predicted to soak up the DoD’s budget completely. In their efforts to save money, the DoD could and should reduce spending in personnel and maintenance, such as the number of civilians it employs, the amount of benefits per soldier, and the number of operating military bases. But Congress has proven to be a stumbling block in these endeavors. For one, they’re hesitant to shut down military bases because it will cost the locale numerous jobs. They’re also hesitant to approve pay cuts, afraid it will discourage people from joining the military and therefore cripple our national security; the same goes for downsizing the military, which is another way the DoD could improve its budget.

What is the military budget?

The military budget is the largest portion of the discretionary United States federal budget allocated to the Department of Defense, or more broadly, the portion of the budget that goes to any military-related expenditures. The military budget pays the salaries, training, and health care of uniformed and civilian personnel, maintains arms, equipment and facilities, funds operations, and develops and buys new items. The budget funds five branches of the U.S. military: the Army, Navy, Marine Corps, Air Force, and Space Force .

What is the purpose of the DoD program?

This program's purpose is to "invest in and develop capabilities that advance the technical superiority of the U.S. Military to counter new and emerging threats." It has a budget of $12.5 billion, but is apart from the overall Research, Development, Test, and Evaluation (RDT&E) portfolio, which compromises $71.8 billion. Efforts funded apply to the Obama administration's refocusing of the US military to Asia, identifying investments to "sustain and advance [the] DoD's military dominance for the 21st century", counter the "technological advances of U.S. foes", and support Manufacturing Initiative institutes. A breakdown of the amounts provided, by tier of research, is provided:

How much is the Defense Budget 2022?

In May 2021, the President's defense budget request for fiscal year 2022 (FY2022) is $715 billion, up $10 billion, from FY2021's $705 billion. The total FY2022 defense budget request, including the Department of Energy is $753 billion, up $12 billion from FY2021's budget request. By military department, the Army's portion of the budget request, ...

How much has the military increased since 2001?

These expenditures will typically be, the single largest expense category for the Department. Since 2001, military pay and benefits have increased by 85% , but remained roughly one third of the total budget due to an overall increased budget.

How much did Trump spend on the military?

On 16 March 2017 President Trump submitted his request to Congress for $639 billion in military spending (an increase of $54 billion, 10% for FY 2018, as well as $30 billion for FY2017, which ends in September). With a total federal budget of $3.9 trillion for FY2018, the increase in military spending would result in deep cuts to many other federal agencies and domestic programs, as well as the State Department. Trump had pledged to "rebuild" the military as part of his 2016 Presidential campaign.

How much money did the Pentagon request for FY 2019?

In February 2018, the Pentagon requested $686 billion for FY 2019. The John S. McCain National Defense Authorization Act authorized Department of Defense appropriations for 2019 and established policies, but it did not contain the budget itself. On 26 July, this bill passed in the House of Representatives by 359-54.

What is the military budget authority?

Budget Authority: the authority to legally incur binding obligations (like signing contracts and placing orders), that will result in current and future outlays. When "military budget" is mentioned, people generally are referring to discretionary budget authority.

How to grow wealth in the military?

A consistent high savings rate is the best way to grow wealth. If you do that, you’ll leave the military with plenty of money to start a new life worry free. If you retire from the military, it might be enough to take that pension and your personal savings and never work again.

Can you get wrong in the military?

Most of us know it’ll be wrong when you first enter the military, but it doesn’t end there. It can also get messed up when you PCS, or when you get a raise, or when you get married or divorced or have a child, or when you deploy, or when it’s Tuesday. Keep an eye on it and make sure it’s right. The situation is not going to get better if you ignore it.

Do civilians get separate pay for housing?

If you are only considering your base pay when you are comparing your pay to civilians, you are doing a disservice. Civilians don’t get separate pays for their housing and food, and they frequently have to pay all or part of their medical care.

Is a guy with 2 years in driving a BMW a good financial role model?

If the guy with 2 years in is driving a BMW, he almost definitely is not a good financial role model.

Do civilians make more money than military?

Civilians don’t make more money than military members. Of course, some civilians do. But military pay is fairly average for Americans There isn’t the huge pay disparity that so many people would have you believe. For one, you have to consider the full military compensation package.

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