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Defense Spending by State - Fiscal Year 2014

Defense Spending by State - Fiscal Year 2014

Defense spending saw strong growth over the first decade of the 21st century. From fiscal year (FY) 2000 to 2010, national defense spending increased 68% in real dollars.1,2 Federal government spending on national defense has been in decline since FY 2011, however, as U.S. forces have been drawn down in both Iraq and Afghanistan and the Budget Control Act of 2011 forced significant cuts in defense spending. From FY 2011 to 2019, real defense spending is expected to decline 28% according to the Budget of the United States Government, Fiscal Year 2015. Sequestration went into effect in March 2013 and required across-the-board cuts to defense and nondefense programs from FY 2013 to 2021. Over this period, defense spending will be reduced by a total of $454 billion.

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