A collective $72.9 billion was spent on nuclear weapons by the world's nuclear-armed nations in 2019, with the US spending nearly as much as all eight other countries combined, a report finds
The report by the International Campaign to Abolish Nuclear Weapons notes that the $35.4 billion spent by the US in 2019 on its approximate 5,800 nuclear weapons was an increase of $5.8 billion spent in 2018.ICAN estimates the US spent $67,352 per minute on nuclear weapons in 2019.Nuclear Power/IAEA Fast FactsThe Congressional Budget Office has projected the US nuclear forces budget will cost $494 billion from 2019 to 2028 -- a 23 percent increase of its previous estimate from 2017.
Read MoreThe increased budget is a part of the Pentagon's efforts to bolster the country's nuclear arsenal to counter Russia. There is widespread concern in the Pentagon that Russia could use a low-yield nuclear weapon on NATO's eastern flank, a senior Department of Defense official told reporters in February.
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