Nations Wasted $157,000 Per Minute on Nuclear Weapons in 2022: ICAN

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Nations Wasted $157,000 Per Minute on Nuclear Weapons in 2022: ICAN
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The U.S. spent $43.7 billion on nuclear weapons last year—more than every other nuclear-armed nation combined, according to nuclearban.

Combined, nuclear-armed nations spent $82.9 billion on their arsenals last year, according to ICAN. The United States was the biggest spender, dumping $43.7 billion into its already massive arsenal in 2022—more than all of the other nuclear-armed countries combined.

ICAN describes such spending as immensely wasteful and dangerous to global safety, rejecting commonplace claims that investments in nuclear weapons—particularly as a tool of deterrence—are essential to security. ICAN argues that consistently growing nuclear weapons spending is an outcome of a vicious cycle whereby tax dollars finance the construction of nuclear weapons by private companies, which proceed to fund think tanks and hire lobbyists to make the case that nuclear weapons are essential to national security—leading governments to continue pouring money"down their nuclear weapons drains."

"Together," the report continues,"nuclear weapon-producing companies, nuclear-armed governments, and those in nuclear alliances spent $21-36 million funding the ten of the most prominent think tanks researching and writing about nuclear weapons in nuclear-armed states."

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