The National Defense Authorization Act allows about 5 percent more military spending than last year.
US President Joe Biden has signed the National Defense Authorization Act (NDAA) for fiscal year 2022.
The White House said on Monday that the NDA has approved $ 770 billion in defense spending.
Earlier this month, the Senate and House voted overwhelmingly on the Defense Bill, with strong support from both Democrats and Republicans for the Pentagon’s annual legislative policy.
The NDAA is one of the only major laws that become a law each year and is attracting attention from a wide range of industries and other stakeholders because it addresses a wide range of issues.
The NDAA has been a law every year for 60 years.
The 2022 NDAA, which approves about 5% more military spending than last year, has been stalled by controversies over China and Russia’s policies, followed by fierce negotiations between Democrats and Republicans in the House and Senate. It’s a compromise after that.
This includes strategies to address geopolitical threats, especially Russia and China, as well as a 2.7% increase in military salaries and increased purchases of aircraft and naval vessels.
The NDAA includes $ 300 million for the Ukraine Security Assistance Initiative to support the Ukrainian Armed Forces, $ 4 billion for the European Defense Initiative, and $ 150 million for Baltic Security Cooperation.
For China, the bill includes $ 7.1 billion for the Pacific Deterrence Initiative, a statement of parliamentary support for Taiwan’s defense, and a ban on the procurement of forced labor-produced products from China’s Xinjiang Uygur Autonomous Region. ..
It creates a 16-member committee to study the war in Afghanistan. Biden ended the conflict in August. This is the longest war in the country.
https://www.trtworld.com/americas/president-biden-signs-770b-defence-bill-into-law-53060?utm_source=other&utm_medium=rss President Biden signs $ 770 billion defense bill