Discuss Question 24
24. FISCAL KNOWLEDGE: The U.S. spends as much on defense as the next highest 15 nations combined (China, United Kingdom, France, Russia, Japan, Saudi Arabia, Germany, India, Italy, Brazil, South Korea, Australia, Canada, Turkey, Israel).
ANSWER: True – According to an analysis by the Stockholm International Peace Research Institute, the United States spends more money on defense than these next highest 15 countries combined. However it should be noted that this estimate measures dollars spent on defense, and what a dollar purchases in the U.S. is much different than what a dollar will purchase in another nation. In addition, some believe that certain countries (e.g. China) may be spending more than reported. Regardless, this comparison is meant to show the sheer size of military spending, not military capabilities. It is clear that the U.S. spends a much higher amount of money on defense compared to other countries.