That figure includes the Pentagon budget request of $708 billion, plus an estimated $200 billion in supplemental funding, called "overseas contingency funding" in euphemistic White House-speak), to fund the wars in Afghanistan and Iraq, some $40 billion or more in "black box" intelligence agency funding, $94 billion in non-DOD military spending, $100 billion in veterans benefits and health care spending, and $400 billion in interest on debt raised to pay for prior wars and the standing military.
The 2011 military budget, by the way, is the largest in history, not just in actual dollars, but in inflation adjusted dollars, exceeding even the spending in World War II, when the nation was on an all-out military footing.
Military spending in all its myriad forms works out to represent 53.3% of total US federal spending.
It's also a budget that is rising at a faster pace than any other part of the budget (with the possible exception of bailing out crooked Wall Street financial firms and their managers). For the past decade, and continuing under the present administration, military budgets have been rising at a 9% annual clip, making health care inflation look tiny by comparison.
US military spending isn't just half of the US budget. It is also half of the entire global spending on war and weaponry. In 2009, according to the venerable War Resisters League, US military spending accounted for 47% of all money spent globally on war, weapons and military preparedness. What makes that staggering figure particularly ridiculous is that America's allies--countries like France, Britain, Germany, Italy, and Japan--account for another 21% of the world's military spending. Fully 12 of the top-spenders among big military-spending nations are either allies of the US, or are friendly countries like Brazil and India. That is to say, America and its friends and allies account for more than two-thirds of all military spending worldwide.
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