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Maya McGinnis

๐Ÿ‘ค Speaker
23 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
Digging in to defense spending

The appropriation for the Pentagon is one of the biggest items in the spending bills that fund the federal government.

Marketplace All-in-One
Digging in to defense spending

This year, it comes in at $839 billion.

Marketplace All-in-One
Digging in to defense spending

Maya McGinnis is president of the Committee for a Responsible Federal Budget.

Marketplace All-in-One
Digging in to defense spending

She says the Pentagon spends the most on operations and maintenance of equipment.

Marketplace All-in-One
Digging in to defense spending

The second biggest expensive thing is people, personnel.

Marketplace All-in-One
Digging in to defense spending

service members are set to get a 3.8% pay increase.

Marketplace All-in-One
Digging in to defense spending

And then there's the cost of developing and acquiring new weapons, ships, and planes.

Marketplace All-in-One
Digging in to defense spending

Procurement.

Marketplace All-in-One
Digging in to defense spending

There's research and development.

Marketplace All-in-One
Digging in to defense spending

The total Pentagon appropriation increased by less than 1 percent over last year, according to the Committee for Responsible Federal Budget.

Marketplace All-in-One
Digging in to defense spending

Now, that doesn't even keep up with inflation.

Marketplace All-in-One
Digging in to defense spending

But there's a caveat here.

Marketplace All-in-One
Digging in to defense spending

This appropriations bill, it's not the only thing funding the Defense Department.

Marketplace All-in-One
Digging in to defense spending

Rashmi Agarwal is a director at the Government Accountability Office, and she says there's money for the military and President Trump's tax and spending measure, the One Big Beautiful Bill Act.

Marketplace All-in-One
Digging in to defense spending

It was passed in July of 2025, but they provided about $156 billion in

Marketplace All-in-One
Digging in to defense spending

in additional funding for the department.

Marketplace All-in-One
Digging in to defense spending

Add that in, Agarwal says, and total Pentagon spending for this year is way up, closer to almost a trillion dollars.

Marketplace All-in-One
Digging in to defense spending

That's the largest budget that they've had to date.

Marketplace All-in-One
Digging in to defense spending

Agarwal says the One Big Beautiful Bill Act includes money for shipbuilding and weapons.

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