"NATO has raised their spending by 100 billion" - President, State of Union Address
Statista has an interesting chart of military spending as percent of GDP, the only ones outspending us are Russia and Saudi Arabia, but nobody tell Trump. He would probably hate to be 'losing' to Saudi Arabia, but most sane folks dont want Saudi Arabia's political climate and concerns.
Correction:
Saudi Arabia is spending 10% of their GDP, or 10% of 800 Billion
A major part goes to buy hardware from US and maintenance
About a 100 Billion of this goes to Pakistan
But you are right, "most folks don't want Saudi Arabia's political climate and concerns". (The Royal family has a job managing their religious conservatives)
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The President said he may draw Putin and Xi to the negotiating table as far as nuclear missiles go. Depends on what sort of future these leaders see.