March 25, 2023

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Biden raised the defense budget to historic highs

International•8 Mar ’23 18:10Author of the book: PNR Web Editor

US President Joe Biden wants to raise the US defense budget to historic highs. With a spending plan of 835 billion dollars, more than 790 billion euros, it will be one of the highest defense budgets ever. ‘Billions are flying off the table,’ describes US reporter John Postma.

For example, Biden wants to spend the money on stockpile expansion ($170 billion), developing new weapons ($145 billion) and building the F-35 ($13.5 billion). “Factories here are running at full capacity for Ukraine, but US supplies have gone.”

Development of new weapons includes medium- and long-range weapons capable of reaching China. “This is a signal to China and Russia, which is monitoring Taiwan to show Putin and China that the United States is still behind Ukraine’s cause.

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Question marks on consent

For Biden, however, it will be exciting to see if his budget plan for US defense can pass the House of Representatives, where his party does not have a majority. “We don’t know what the rates are now. However, there is a large majority of Republicans who want to continue unconditional support for Ukraine. But at the same time there is a group that says more money is being spent and that money should go to Americans. However, this is a minority, but a loud minority,’ says Postma.

US President Joe Biden wants to increase the US defense budget to historic highs. With a spending plan of 835 billion dollars, more than 790 billion euros, it will be one of the highest defense budgets ever. (ANP / Associated Press)
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