President Joe Biden's record peacetime national defense budget request of $813 billion boasts a 4.6% pay raise for troops and the largest research and development budget in history.
Vladimir PutinWASHINGTON - President Joe Biden's record peacetime national defense budget request of $813 billion boasts a 4.6% pay raise for troops and the largest research and development budget in history, as Russian aggression in Ukraine spurs demands for more military spending.
The Russian invasion of Ukraine has driven recent support for greater defense spending among Democrats and Republicans who see a growing national security and foreign policy threat from Russian leader Vladimir Putin. The budget increases funds for the Pentagon's European Deterrence Initiative by $360 million to a total of $4.2 billion.
Budget talks between Defense Secretary Lloyd Austin and the White House coalesced around the $773 billion early on, defense officials said. Reuters first reported the figure in February. Only 61 F-35 jets made by Lockheed Martin Corp were requested by the Pentagon, down from a request of 85 last year, though experts believe Congress will increase that figure during the budget process.
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