President Joe Biden's record peacetime national defense budget request of $886 billion boasts a 5.2% pay raise for troops and the largest research and development budget in history
Biden's request earmarks $842 billion for the Pentagon with an additional $44 billion earmarked for defense-related programs at the Federal Bureau of Investigation, Department of Energy and other agencies, bringing the national security budget to $886 billion, up from $858 billion enacted last year.
Amid Russia's invasion of Ukraine and a looming China, Congress has signaled it will increase defense spending over Biden's request during the months-long budget process that this request kicks off. "This topline request serves as a useful starting point," U.S. Senator Jack Reed, Chairman of the Senate Armed Services Committee, said when the budget figures were unveiled on Thursday.
This budget will be the first to procure missiles and other munitions with multi-year contracts, something that is routine for planes and ships, as the Pentagon signals enduring demand to top munitions makers like Raytheon Technologies Corp
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zelensky Word Cloud: Ukraine’s President Shapes His Message To Appeal To Different AudiencesA Forbes Ukraine analysis shows that Zelensky, when addressing a Ukrainian audience, uses language that emphasizes the military’s goals and looks to rally internal support for the fight against Russia.
Read more »
Zelensky Word Cloud: Ukraine’s President Shapes His Message To Appeal To Different AudiencesZelensky Word Cloud: Ukraine’s President Shapes His Message To Appeal To Different Audiences by Brandon Kochkodin
Read more »
Ukraine live briefing: Ukraine presses Pentagon for air defenses; battle for Bakhmut rages onThe head of Ukraine’s armed forces renewed Kyiv’s call for better air defenses in a telephone call with the Pentagon’s top general, Mark A. Milley.
Read more »
Zelenskiy honors Ukraine soldier shot after saying 'Glory to Ukraine'President Volodymyr Zelenskiy bestowed posthumously the honour of 'Hero of Ukraine' on Sunday on a soldier who defiantly said 'Glory to Ukraine' before being seen to be shot dead in a video posted on social media.
Read more »
Congress Unanimously Approves the Covid Origins Bill; Next Stop: President Biden’s DeskIf he vetoes the bill, Biden “ought to consider the irreparable damage it will cause our ability to restore public trust in government,” a group of Republicans wrote.
Read more »
PolitiFact - No, President Joe Biden isn’t in the Guantanamo Bay detention campA recent Facebook post presenting eight photos of President Joe Biden claims that he’s incarcerated at the U.S. military
Read more »