US Military Spending: 2008

$929.5B

929.5 billion in 2024 inflation-adjusted dollars

$929.5B

Total Budget

% 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. The War on Terror was actively underway, driving elevated defense expenditures.