![]() In Vilnius, the alliance will discuss making 2% GDP the minimum for defense spending. Germany says the combined spending puts it on a pathway to reach NATO’s 2% target in 2024. The German government announced an increase of 1.7 billion Euro for defense 2024 earlier this week and said that some 19.2 billion euros from a special fund would also be spent next year. ![]() Germany, for instance, is projected to spend 1.57% of its GDP on defense this year, or $56.6 billion, according to the NATO report, compared with the 3.49%, and roughly $743.3 billion, the U.S. The report that includes estimated 2023 spending shows the bulk of the 31-nation alliance's defense expenditures still lagging. At the time, only three countries, including the United States, were meeting the standard.īy the end of this year, number is projected to rise to 11, according to a new report from NATO that was released on Friday. NATO nations agreed in 2014 to aim to spend at least 2% of their annual gross domestic product on defense, following Russia's illegal annexation of Crimea, and take steps to meet the guideline within a decade. In Vilnius, we respectfully request that you make this issue a top priority," a group of 35 senators told Biden in a letter that was shared with USA TODAY. American citizens rightly question why our government disproportionately bears the burden - decade after decade - for Europe's defense. "The lack of sufficient progress is politically and economically unsustainable. contributes more than any other member of the alliance, and senators are urging President Joe Biden to push NATO nations to step up their defense spending at a summit next week in Lithuania. WASHINGTON - A bipartisan group of senators wants NATO nations' military spending to be at the top of this year's summit agenda. Watch Video: Blinken, Stoltenberg reiterate support for Ukraine
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