Military Costs: How Large Are Global Defense Expenditures and Spending by Country?

Military costs for FY2023 are set in the National Defense Authorization Act. The House proposed a budget of $839 billion. The Senate suggested $847 billion. A final compromise resulted in a total of $857.9 billion. This budget supports numerous defense programs and military operations. The United States leads the way, spending around $877 billion, accounting … Read more

Raising a Baby: Monthly Costs, Expenses, and How Long Are Babies in Cost

The average middle-income family spends about $16,000 to $17,000 each year on one child. Monthly costs include $68 for clothes, $86 for diapers, and $222 for formula. Hospital births average $8,802. Over 17 years, raising two children may total around $310,605, according to BabyCenter estimates and the US Department of Agriculture. In addition to these … Read more