US Congress Is On Track to Approve Whopping $858 Billion Military Budget

In the coming week, Congress will likely provide final approval to the national military budget for the current fiscal year, which is expected to total $858 billion. This is a considerable rise over President Biden's request of $813 billion, a $45 billion increase.

The military budget is a major part of the federal budget and is closely scrutinized by Congress and the public. Some people may say that the extra money is needed to keep the military strong and ready, while others may say that the money could be better spent on other things.

Major Increase

The military budget is a major part of the federal budget, and it includes funding for a wide range of activities, including military personnel, operations, equipment, and research and development.

A New York Times report tells us that the United States military is set to see a significant increase in spending on procurement in the coming year, with a 55 percent jump in Army funding for new missiles and a 47% jump in the Navy's weapons purchases. The increases are part of the military's budget for the current fiscal year, which is expected to reach about $858 billion.

The same report tells us that Lockheed Martin, the nation's largest military contractor, had booked more than $950 million worth of its missile military orders from the Pentagon in part to refill stockpiles being used in Ukraine.

The U.S. Army gave Lockheed Martin Corporation a contract worth $430,930,711 this December to make more High Mobility Artillery Rocket System M142 launchers. These launchers will be used by the U.S. Army and other countries that are partners with the U.S. military. The contract will help the U.S. government restock its supplies and support its allies.

Support and Criticism

The increase in the military budget has been met with both support and criticism. Supporters argue that the additional funding is necessary to maintain and modernize the military and to ensure that the United States can effectively defend itself against potential threats.

Critics, on the other hand, argue that the increase is unnecessary and could be better spent on other priorities, such as infrastructure or healthcare.

Here is what U.S. Senator Bernie Sanders, who voted against the budget, thought about this latest development: "At a time when we spend more than the next 11 nations combined on defense, we should invest in health care, jobs, housing, and education-not more weapons of destruction."

The final version of the military budget is the result of negotiations between Congress and the White House, and it reflects the priorities and values of both parties. The budget also shows how politics are right now and how there are still problems with countries like China and Russia.

Overall, the approval of the national military budget is a significant event that will have far-reaching implications for the United States and the world. It remains to be seen how the additional funding will be used and how it will impact the military and national security in the coming years.