While Defense Spending Rose to 5% of GDP in F2010 &

...While Defense Spending Rose to 5% of GDP in F2010 & Is Up from All-Time Historical Low of 3% in F1999 But It Is Still Well Below Post-World War II (1948-2000) Average of 7% USA Inc. Defense Spending as % of GDP, F1948 - F2010 SEO GDog = mm ee on rs me ca 2 mets = mS = on a = eH Ht SH oh tty = ou nS a a O 15% fn ° ss 2) o>] 2 1948-2000 Average = 7% 2 10% ---]----}---------------------- 2-2-2222 penne eee & | 5% % f a ee ee 3 NS a 2 0% 1 T T T T T T T T T T T T 1948 1953 1958 1963 1968 1973 1978 1983 1988 1993 1998 2003 2008 KP Source: White House OMB. i USA Inc. | Income Statement Drilldown 65 $950 Billion = Cumulative Cost of Iraq, Afghanistan & Global War on Terror Operations Since 9/11/01 Attacks Cumulative Cost of Iraq, Afghanistan & Global War on Terror Operations of $950 Billion, as Percent of F2001-F2009 Spending: 4% of Total F2001-F2009 Federal Spending 22% of Total F2001-F2009 Defense Spending 28% of Total F2001-F2009 Federal Budget Deficit Cumulative Cost of: $685 Billion = War in Iraq $231 Billion = War in Afghanistan $34 Billion = Other Related Operations Source: White House OMB, Congressional Research Service, “The Cost of Iraq, Afghanistan, and Other Global War on Terror K Pp Operations Since 9/11,” 9/2/2010. (@E) www.kpcb.com USA Inc. | Income Statement Drilldown 66 HOUSE_OVERSIGHT_020874