While paying their 2020 federal income taxes â of which the War Resisters League says 48% supports the military â might U.S. taxpayers consider the following? During 2020, world military expenditures increased to $1.981 trillion â with the outlays of the three leading military powers comprising 55% of the global total. The U.S. government increased its military spending to $778 billion in 2020, retaining the top spot among war-preparation funders. The Chinese government hiked its military spending to $252 billion, while the Russian government raised its military outlay to $61.7 billion. What could have been done to alleviate the existence of worldwide poverty if, during 2020, the worldâs mightiest military powers had not poured nearly $2 trillion into preparations for war?