Biden wants US$886 billion defense budget with eyes on Ukraine and future wars

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The total amount of the 2024 budget proposal is US$28 billion more than last year’s US$858 billion. Read more at straitstimes.com.

WASHINGTON - President Joe Biden’s biggest peacetime US defense budget requ of US$886 billion includes a 5.2 per cent pay raise for troops and the largest allocation on record for research and development, with Russia’s war on Ukraine spurring demand for more spending on munitions.

Congress and the administration both have an eye on a possibly prolonged war in Ukraine and potential future conflicts with Russia and China. “This top line request serves as a useful starting point,” US Senator Jack Reed, Chairman of the Senate Armed Services Committee, said when the budget figures were unveiled on Thursday.

Thus far, funds to backfill the munitions sent to Ukraine, including the JAVELIN and Guided Multiple Launch Rocket System , were handled by US$35.7 billion in supplemental funds enacted in 2022. The Pentagon aid to Ukraine in the budget is the same as the prior year. If more funding is needed for Ukraine, the senior defense official said, another supplemental request could be drawn up.

 

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