US Senate Passes Record $858 Billion Military Spending Bill

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US Senate Passes Record $858 Billion Military Spending Bill
The United States Senate passed a bill on Thursday authorising a record $858 billion in military spending next year. It is now President Joe Biden’s decision to sign the National Defence Authorisation Act. Biden had requested a record bill that provides around $45 billion more for defence programmes. The bill passed with bipartisan support in the Senate and the House.

The fiscal 2023 NDAA authorises $858 billion in military spending, including a 4.6 per cent pay raise for troops and funding for the acquisition of weapons, ships, and aircraft. The NDAA also includes support for Taiwan and Ukraine.

US Senate Passes Record $858 Billion Military Spending Bill

The U.S. spends more on defence than twice as much as the NATO alliance combined.

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