U.S. Defense Spending Compared to Other Countries
The United States spends more on defense than the next 9 countries combined.
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The United States spends more on defense than the next 9 countries combined.
“Voters are making the connection between recent tax and spending legislation and our rapidly growing national debt and deficits,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2018/06/fci-press-release
Upon taking office, Governor Daniels laid out a two-year budget proposal that sought to close the state’s deficit by tackling spending and bolstering state revenues.
https://www.pgpf.org/pgpf-programs-and-projects/mitch-daniels-governor-of-indiana
This report by the Center for Strategic and International Studies examines pension reform efforts in developed countries across the globe.
https://www.pgpf.org/what-we-are-doing/grants/csis-lessons-from-abroad-for-the-us-entitlement-debate
“This budget acknowledges the need for deficit reduction, and represents a positive step and starting point for action on stabilizing our national debt" said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2022/03/peterson-foundation-statement-on-presidents-budget
Despite higher healthcare spending per capita, the U.S. generally does not have better health outcomes.
https://www.pgpf.org/chart-archive/0252_health_outcomes_spending
Healthcare expenditures in the U.S. are much higher than those of other developed countries.
https://www.pgpf.org/chart-archive/0170_international_health_spending_comparison
Life expectancy at birth in the United States is lower than in other developed countries, despite higher healthcare costs.
https://www.pgpf.org/Chart-Archive/0201_us_lifeexpectancy_low_despite_cost
Although the United States spends more on healthcare than other developed countries, its health outcomes are generally no better.
The homeownership rate for young adult households has increased, but remains below it’s peak.
https://www.pgpf.org/chart-archive/0227_young_adult_home_own