Biden Asks Congress to Approve Record $813 Billion in Military Spending
Rebuffing progressive lawmakers’ calls for Pentagon spending cuts, President Joe Biden on Monday is set to unveil a budget blueprint for the next fiscal year that includes a record $813.3 billion in funds for the U.S. military apparatus, a $31 billion increase from the current level.
The president’s Fiscal Year 2023 budget request, which must be approved by Congress, is expected to contain $773 billion for the Pentagon alone as well as billions in funding for the Energy Department’s maintenance of the country’s nuclear arsenal.
The New York Times reported Monday that Biden’s funding request for the Pentagon—the only federal agency that has not passed an independent audit—will “include $4.1 billion to conduct research and develop defense capabilities, nearly $5 billion for a space-based missile warning system to detect global threats, and nearly $2 billion for a missile defense interceptor.”
According to Bloomberg, the White House is urging Congress to approve $145.9 billion for procurement, funding that will allow the military to purchase “61 F-35 jet fighters from Lockheed Martin Corp., fewer than previously planned, as well as… the B-21 bomber from Northrop Grumman Corp. and two Virginia-class submarines from General Dynamics Corp. and Huntington Ingalls Industries Corp.”