- Sputnik International, 1920
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Biden Reportedly Plans to Unveil US’ Defence Budget Worth $715 Billion

© AFP 2022 / STAFF The Pentagon building in Washington, DC
The Pentagon building in Washington, DC - Sputnik International, 1920, 09.04.2021
Subscribe
International
India
Last month, House Democrats called on the US President to slash the Pentagon’s budget so as to redirect the money toward diplomacy and domestic programmes that Joe Biden’s party claims are more important.

President Joe Biden plans to request an allocation of $715 billion for the US’ defence budget, which is a $7 billion decrease from Trump-era figure, the news agency Bloomberg has cited unnamed sources as saying.

The sources claimed that Biden is due to outline the military budget later on Friday, with the $715 billion Pentagon “topline” expected to be presented as a compromise to Democrats who are pressing for defence spending cuts.

One of the insiders argued that during the Friday presentation of the proposed budget, Biden will most likely scrap previous US administrations’ practices by no longer labelling funding for current military operations as “overseas contingency operations,” or OCO.

Republican and Democratic lawmakers have repeatedly slammed OCO as a “slush fund” that should be spent as part of the regular Pentagon budget.

On the whole, the US’ fiscal budget for 2022 will reportedly be the first such document in a decade, in which defence and non-defence spending are not constrained by budget caps. This means that Congress will be able to shift funds from military to non-military needs, or vice versa.

Chairman of the Joint Chiefs Gen. Mark Milley speaks during a ceremony at the National 9/11 Pentagon Memorial to honor the 184 people killed in the 2001 terrorist attack on the Pentagon, in Washington, Friday Sept. 11, 2020 - Sputnik International, 1920, 03.12.2020
Pentagon Needs 'Reality Checks' for Future Defence Budgets, Highest-Ranking US General Says
As for the Trump administration, they sought to propose about $722 billion in defence spending for the 2022 fiscal year, with lawmakers predicting that deficits from COVID-19 relief packages will lead to a situation where less funds may be available for military goals.

In mid-March, a group of 50 House Democrats urged Biden to reduce the Pentagon’s budget in order to pay for diplomatic and domestic activities.

In a letter to the POTUS, the Democrats underscored that the military budget should be cut so as to “re-evaluate” the US’  “spending priorities as a nation”.

“That re-evaluation should begin with the Department of Defence. Hundreds of billions of dollars now directed to the military would have greater return if invested in diplomacy, humanitarian aid, global public health, sustainability initiatives, and basic research,” the letter pointed out.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала