The EU's budget is (was) just 4% of the US' budget. That's still 148 billion Euro, but the comparison might show why the EU isn't quite as keen to "invest in <x>" as people sometimes seem to think. (Although one might consider these suggestions a reflection of the EU's connection with dreaming big in people's minds)
The EU's structure is also a bit different than that of nation states, with cabinet members and parliament rather limited in their ability to make spending decisions. Anything serious needs approval by the council, i. e. the heads of state.
And just now is probably a bad time for new expenditures, as Brexit will severely cut into revenue.
The EU's structure is also a bit different than that of nation states, with cabinet members and parliament rather limited in their ability to make spending decisions. Anything serious needs approval by the council, i. e. the heads of state.
And just now is probably a bad time for new expenditures, as Brexit will severely cut into revenue.