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Biden Gives Military $2 Billion Trump Allotted for Border Wall

Biden to Pledge Climate Aid for Developing Nations Next Week

Biden to Pledge Climate Aid for Developing Nations Next Week Bloomberg 2 hrs ago © Bloomberg Joe Biden (Bloomberg) The Biden administration is set to announce next week a plan for distributing billions of dollars more in aid to help developing nations adapt to global warming and embrace clean energy, according to people familiar with the matter. The Treasury Department will deliver a blueprint for the spending as President Joe Biden prepares to convene the leaders of up to 40 nations in a climate summit Thursday, said the people, who asked for anonymity before a formal announcement. The finance plan is part of a rush of actions as the administration seeks to prove to the world that the U.S. is back in the global fight against climate change. The president is also preparing to issue an executive order addressing the financial risks posed by climate change and to vow to cut U.S. greenhouse gas emissions in half by the end of the decade from 2005 levels.

Biden Seeks $715 Billion for Pentagon for a Cut After Inflation

Biden’s $715 Billion Pentagon Plan Stirs Debate Over Size, Focus Bloomberg 3 hrs ago © Bloomberg Joe Biden (Bloomberg) President Joe Biden plans to request $715 billion for his first Pentagon budget, quickly generating a vigorous debate in Congress over how much to spend on defense and how to spend it. The $715 billion for the Defense Department is 1.6% higher than the $704 billion enacted for this year, but it would amount to a decrease of about 0.4% in real terms adjusted for inflation. The proposal, announced Friday as part of the president’s broader budget plan for the next fiscal year, signals efforts to deter China and Russia by advancing hypersonic weapons and bolstering the U.S. Navy fleet with ballistic missile submarines and unmanned ships.

Biden s $715 Billion Pentagon Plan Stirs Debate Over Size, Focus

Biden’s $715 Billion Pentagon Plan Stirs Debate Over Size, Focus Bloomberg 1 day ago © Bloomberg Joe Biden (Bloomberg) President Joe Biden plans to request $715 billion for his first Pentagon budget, quickly generating a vigorous debate in Congress over how much to spend on defense and how to spend it. The $715 billion for the Defense Department is 1.6% higher than the $704 billion enacted for this year, but it would amount to a decrease of about 0.4% in real terms adjusted for inflation. The proposal, announced Friday as part of the president’s broader budget plan for the next fiscal year, signals efforts to deter China and Russia by advancing hypersonic weapons and bolstering the U.S. Navy fleet with ballistic missile submarines and unmanned ships.

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