The Biden administration is preparing to propose to Congress the approval of the largest Pentagon budget in history. It is reported by POLITICO.
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He added that he hoped that the amount would be more than last year, but declined to provide details, citing the fact that the project is still being discussed and agreed..
McCord said the Pentagon plans to purchase a significant amount of munitions to replenish U.S. stockpiles, as well as support Ukraine's continued fight against Russian aggression, in which both sides spend thousands of rounds daily..
In December, lawmakers provided $858 billion in national defense funding — $45 billion more than Biden had asked for.. This included $817 billion for the Pentagon and billions for nuclear weapons development through the Department of Energy and other national security programs..
This is the largest amount the US has ever spent on the Department of Defense, demonstrating the Pentagon's efforts to simultaneously counter the Russian threat, keep pace with China's growing technological advantage, modernize aging arsenals, and fight inflation..
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However, Biden may have problems approving the new Pentagon budget.. Now that the Republicans have a majority in the House of Representatives, disputes over the national debt limit are brewing: Republican lawmakers are demanding significant spending cuts - including potentially defense ones - in exchange for raising the debt ceiling.
Republicans have yet to unite around a specific set of conditions for raising the debt limit, but Speaker of the House Kevin McCarthy has voiced support for capping spending at FY2022 levels, which would mean a cut across the board of about 10%, or $75 billion..
In January, the White House accused GOP lawmakers of trying to defund the military by using an agreement to elect House Speaker Kevin McCarthy, which could lead to cuts in defense spending..