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U.S.' 2022 Defence Budget: $768 billion Waits for Approval

U.S.' 2022 Defence Budget: $768 billion Waits for Approval

The United States House of Representatives passed legislation that will allocate $768 billion for the nation's military in the fiscal year 2022. The majority approved a package that includes establishing an independent commission to probe the United States' 20-year war in Afghanistan, $300 million in help to Ukraine's military forces, and a pledge of support for self-ruled Taiwan's defence.

The ultimate cost of the law was $24 billion more than what President Joe Biden asked in his original budget plan. The bill now proceeds to the Senate, which is anticipated to vote on later this week after legislators there failed to approve their version.

The defence policy bill would approve a 2.7% pay raise for the country's troops.

FNSS