US Military Spending: 2004

$795.3B

795.3 billion in 2024 inflation-adjusted dollars

$795.3B

Total Budget

% of GDP

W. Bush

President

War on Terror

Active War

📊 Compared to 2003

9.0%Increase of $65.6B from $729.7B

💰 What $795B Could Have Bought Instead

Teachers' salaries (avg $65K)12,235,292
Affordable homes built3,181,176
Full college scholarships15,905,880
Years of healthcare for families28,403,357
Clean water systems for towns795,294

🏛️ Historical Context

In 2004, under President W. Bush, the United States spent approximately $795.3 billion on its military. The War on Terror was actively underway, driving elevated defense expenditures.