With all this talk about NATO spending, Doc thought now would be a good time to really break down the budget to see who’s spending what in this military alliance. Does it benefit the U.S. in any way? And are we really paying too much? Doc seems to agree with our president that the U.S. is getting the short end of the deal by spending significantly more on defense than our allies.
According to CNBC, the U.S. spent $686 billion in defense. That’s “70 to 90 percent to protect Europe,” said President Trump. “And that’s fine. Of course, they kill us on trade.”
While at a rally in Great Falls, Montana, Trump said he would tell NATO members “You gotta start paying your bills. The United States is not going to take care of everything.”
According to the report, “In 2017, the U.S. accounted for 51.1 percent of NATO’s combined GDP and 71.7 percent of its combined defense expenditure. In short, the U.S. contributed more funds to NATO than Germany, France, Italy, Spain, the United Kingdom and Canada combined.”
To hear Doc break this down further, see the clip above.