US Military Spending: 2008
$929.5B
929.5 billion in constant 2023 US dollars (SIPRI)
$929.5B
Total Budget
4.2%
% of GDP
W. Bush
President
War on Terror
Active War
📊 Compared to 2007
▲ 7.3%Increase of $63B from $866.4B
💰 What $930B Could Have Bought Instead
Teachers' salaries (avg $65K)14,299,353
Affordable homes built3,717,832
Full college scholarships18,589,160
Years of healthcare for families33,194,928
Clean water systems for towns929,458
🏛️ Historical Context
In 2008, under President W. Bush, the United States spent approximately $929.5 billion on its military, representing 4.2% of GDP. The War on Terror was actively underway, driving elevated defense expenditures.