Biden will ask Congress for more than $770 billion in the 2023 defense budget
U.S. President Joe Biden, will ask Congress for more than $770 billion in the Pentagon’s budget for the next, 2023 fiscal year, which begins in the U.S. on October 1.
According to these reports, there are ongoing negotiations within the administration between the White House and the Pentagon over the final amount.
Among the Pentagon’s top priorities will be allocating funds for building new ships, strengthening the space force, developing missile launch warning systems, and modernizing the nuclear triad. In addition, the Pentagon plans to continue investing in the development of weapons necessary for future potential warfare against China and Russia.
In the spring of 2021, the Biden administration requested $753 billion from Congress for defense needs. During consultations, that amount was increased. As a result, on December 27, 2021, Biden signed the nation’s defense budget for fiscal year 2022 at about $770 billion.