It would seem to be the first place you'd want to start slashing budget...
Military Spending by Country
U.S.A. $623 billion FY08 budget [see Note 6]
China $65.0 billion 2004 [see Note 1]
Russia $50.0 billion [see Note 5]
France $45.0 billion 2005
U.K. $42.8 billion 2005 est.
Japan $41.75 billion 2007
Germany $35.1 billion 2003
Italy $28.2 billion 2003
S. Korea $21.1 billion 2003 est.
India $19.0 billion 2005 est.
http://www.globalsecurity.org/milita...d/spending.htm