Question

What % of the US budget is spent on defence? On foreign aid? What $ amounts do these percentages represent?

Answer 1

The US spends about 4% of its GDP on defense and approximately 15-20% of the federal budget. Foreign aid represents about 1% of the federal budget.

Step-by-step explanation:

The United States spends about 4% of its GDP on defense, making it one of the highest defense spending countries in the world. In terms of the federal budget, defense spending accounts for approximately 15-20%. On the other hand, foreign aid represents only about 1% of the federal budget.

To put these percentages into perspective, the annual defense budget is around $1.3 trillion, while the amount spent on foreign aid is significantly lower, reaching only a few billion dollars.