The world's largest military spender recently unveiled a budget plan for the fiscal year 2023 calling for a boost in the military budget.
- The budget plan includes 813.3 billion dollars for "national defense"
- Between 2011-2015 and 2016-2020, the U.S. increased its global share of arms exports from 32 percent to 37 percent
- The U.S. accounted for 39 percent of global military expenditure in 2020
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