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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. ....

United States , Department Of Energy , District Of Columbia , White House , Marco Rubio , William Hartung , Donald Trump , James Inhofe , Gordon Adams , Lindsey Graham , Jim Mattis , Joe Biden , Ro Khanna , Mitch Mcconnell , Betty Mccollum , Mark Pocan , Bloomberg Joe Biden , Richard Shelby , House Armed Services Committee , Sustainable Defense Task , Department Of Defense , Democratic Party , White House Office Of Management , Chinese Communist Party , Us Navy , Office Of Management ,

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. ....

United States , Department Of Energy , District Of Columbia , White House , Marco Rubio , William Hartung , Donald Trump , James Inhofe , Gordon Adams , Lindsey Graham , Jim Mattis , Joe Biden , Ro Khanna , Mitch Mcconnell , Betty Mccollum , Mark Pocan , Bloomberg Joe Biden , Richard Shelby , House Armed Services Committee , Sustainable Defense Task , Department Of Defense , Democratic Party , White House Office Of Management , Chinese Communist Party , Us Navy , Office Of Management ,