US President Joe Biden has requested a record peacetime defense budget of $813 billion, including a 4.6% increase in troop pay and the largest research and development budget in history, as Russia’s attack on Ukraine spurs demand for more military spending.
Biden’s request allocates $773 billion to the Department of Defense (Pentagon), surpassing requests from former President Donald Trump. An additional $40 billion has been earmarked for defense-related programs at the Federal Bureau of Investigation (FBI), the Department of Energy, and other agencies, bringing the total security budget to $813 billion, compared to $ 778 billion last year.
Russia’s invasion of Ukraine has recently fueled support for increased defense spending among Democrats and Republicans who see a growing threat to Russian President Vladimir Putin’s national security and foreign policy. The budget increases funding for the Pentagon’s European Deterrence Initiative by $360 million to $4.2 billion.
Meanwhile, the budget is delaying the Defense Department’s purchase of the F-35 stealth fighter jet, the Pentagon’s largest weapons program, after Air Force commanders complained that technological improvements in aircraft hardware have been too slow.
Among the budget’s top priorities are shipbuilding, space development, missile warning and modernization of the nuclear “trio” of ballistic missile submarines, launchers and land-based missiles.
The Pentagon has ordered just 61 Lockheed Martin-produced F-35s, down from 85 last year, though experts believe Congress will increase that number during the budget approval process.
The budget for fiscal year 2023, which begins on October 1, includes the Pentagon’s largest research and development plans, as $130 billion has been allocated to develop new weapons, such as missiles that are five times hypersonic to fight in potential future wars with China. and Russia