Biden To Inflate Military Budget To RECORD Amount

2 years ago
25

President Joe Biden is asking Congress to increase the Defense budget to another record level of $770 BILLION starting in the fiscal year 2023. By the time negotiations are over, the budget could reach or even surpass the $800 billion mark, which is far more than Donald Trump’s record budget requests. Cenk Uygur and Francesca Fiorentini

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https://www.reuters.com/world/us/excl...

"President Joe Biden is expected to ask Congress for a U.S. defense budget exceeding $770 billion for the next fiscal year as the Pentagon seeks to modernize the military, according to three sources familiar with the negotiations, eclipsing the record budget requests by former President Donald Trump.
Ongoing budget talks between Defense Secretary Lloyd Austin and the White House's Office of

Management and Budget (OMB) have coalesced around a proposed defense request of higher than $770 billion for the 2023 fiscal year starting Oct. 1, the sources said. Negotiations are ongoing within the administration and the final amount could change before the budget request is made in the coming months, the sources added.

Two of the sources said that about $773 billion was going to be available for the Department of Defense and other needs would go on top of that, potentially pushing a total above $800 billion."

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