Biden Admin Eyeing Increase to Pentagon Budget

Biden Admin Eyeing Increase to Pentagon Budget

The Biden administration is eyeing another increase to the Pentagon’s budget to meet threats from Russia and China, although some Republican lawmakers are set on cutting spending in exchange for raising the debt ceiling, Politico reported.

“I do expect it will be a bigger number than Congress provided last year,” Michael McCord, the Defense Department’s chief financial officer, told Politico.

 

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