Carl Conetta. PDA Briefing Memo #55, 18 July 2012.
Efforts to cull savings from the US defense budget for purposes of deficit reduction have been stymied by Pentagon claims that any significant cut might have “devastating” or even catastrophic” effects. However, a review of global defense spending data by the Project on Defense Alternatives shows that America and its allies outspend potential rivals by a margin of four-to-one.
Moreover, according to the PDA review, the United States carries much more than its share of the allied defense burden, as measured by percentage of Gross Domestic Product allocated to defense. Together, the United States and its close allies worldwide spent $1.23 trillion on their armed forces in 2010 – more than 68% of the global total. But had the burden been shared equally among the allies based on GDP, the United States could have reduced its military spending by one-third (33%), including spending for war. This proportion substantially exceeds the Pentagon budget cuts mandated under the sequestration provisions of the Budget Control Act.