Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense spending is now about equal with the all-time peak reached in 2011, and the White House’s Office of Management and Budget estimates that defense spending will reach an all-time high in 2020.
Source: Office of Management and Budget, Historical Tables, Table 3.2.
https://mises.org/wire/trillion-dollar-military-still-isnt-enough-war-party
