Biden unveils $842 billion defense budget request for next year

The Biden administration In its new proposal, the government is asking for $842 billion defense budget Request for Fiscal 2024 continues to increase year over year.

This year’s President Joe Biden request is nearly $100 billion greater than last year’s. It’s $26 billion more than what was enacted for fiscal 2023. The specifics defense Next week, the budget will be announced.

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This request will be dealt with by CongressThis includes what would represent the highest pay hike for service members in nearly two decades. This would mean that pay will increase by 5.2% in the next year. It is also the biggest increase since 2002.

“The President’s budget request provides the resources necessary to address the pacing challenge from the People’s Republic of China, address advanced and persistent threats, accelerate innovation and modernization, and ensure operational resiliency amidst our changing climate,” Defense Secretary Lloyd Austin Statement. “This budget invests in taking care of our people with the largest military pay raise in over 20 years, and the largest civilian pay raise in over 40 years, both set at 5.2%. It also provides critical resources to promote the continued strength of our alliances and partnerships while strengthening our partnerships across America and unity within the Department of Defense.”

“The Budget enables the Department of Defense to continue building a Joint Force that is the most lethal, resilient, survivable, agile, and responsive in the world and is guided by our three priorities of defending the nation, taking care of our people, and succeeding through teamwork,” He added.

Congress approved $40 billion for Biden’s Fiscal 2023 Defense Budget. It could also do it again, if necessary.

House Armed Services Committee Chairman Mike Rogers (Republican-American Legislator) rejected the idea, declaring: “The United States is facing the most complex and challenging set of threats to our national security in decades. Unfortunately, the president has o