Tuesday, December 28, 2021

DoD spending nod, but no money

President Joe Biden signed a $768B defense bill on Dec. 27 after both parties' lawmakers rejected his initial Pentagon plans and endorsed a major influx to military spending. The enactment of the National Defense Authorization Act marks the 61st consecutive year DoD policy legislation has become law. The White House announced Biden signed the bill into law in a statement. The bill rejects Biden's $715B Pentagon budget request and instead calls for $740B for the Pentagon. The bill provides for spending but does not allocate any money. Lawmakers must strike a deal to fund the government for the rest of the fiscal year. (Source: Politico 12/27/21) Biden signs $768B defense policy bill that supersized his original Pentagon request - POLITICO

No comments: