
ALT Biden has enacted $1.7 trillion for the Pentagon. The infrastructure bill and Inflation Reduction Act combined: $985 billion. This chart displays fiscal years 2022 through 2031 on the x-axis and U.S. dollars on the y-axis. It has two blue lines, one long and one short. The long one shows the cumulative spending of ‘building back better’ — infrastructure bill and Inflation Reduction Act funding combined. This line starts in 2022 and stops in 2031, showing $985 billion in total. The shorter line displays cumulative military spending from 2022 to 2023, showing $1.72 trillion in total. Data for this chart comes from public laws 117-58, 117-169, 117-103, and 117-328. The Infrastructure Investment & Jobs Act (which disperses funding from 2022 through 2026) & the Inflation Reduction Act (which disperses funding from 2022 through 2031) data points reflect average annual funding. Military spending figures include fiscal years 2022 and 2023. More: stephensemler.substack.com


















