Congress passes defense bill nearly $45 billion over Biden's budget request as debt climbs to $32T
President Biden requested $813.3 billion for the defense budget and the bill Congress passed is $858 billion
The Democratic-led Congress passed a defense bill with bipartisan votes in the House and Senate nearly $45 billion over President Biden's defense budget request.
Biden had requested $813.3 billion for the defense budget and the National Defense Authorization Act that Congress passed costs $858 billion.
The legislation includes pay raises for U.S. troops, aid to Ukraine and eliminates the COVID-19 vaccine mandate for the military. In addition to the defense bill, the Biden Administration is asking Congress for $38 billion more in Ukraine assistance as the Russian invasion continues.
Biden is expected to sign the bill.
Last year, the Democratic-led Congress passed a $770 billion National Defense Authorization Act, which was about $29 billion more than Biden had requested. According to an analysis, the U.S. government wound up spending $777.7 billion on defense in FY2021.
The U.S. ran a budget deficit of $1.4 trillion in fiscal 2022. The national debt is climbing to $32 trillion. Inflation is at 7.1%, according to the Labor Department.