Ukraine live briefing: War pushes global defense spending to record high; Russia says U.S. withheld journalist visas
Washington PostMAY 2023
This rise in global military spending has been largely fuelled by Russia's invasion of Ukraine. Unsurprisingly that neighboring countries such as Finland, Lithuania, and Poland have had to ramp up spending to keep the Russian threat at bay.
The US — by far the world's biggest military spender — needs to rethink this. Every year, the figure rises without anyone stopping to ask if such an increase is really necessary. US spending on the military will likely exceed $1T in the coming decade. Congress needs to re-evaluate.