17 Apr '18, 3pm

The Pentagon’s budget is over $700 billion. #TaxDay https://t.co/ZW0td7XLjZ

The Pentagon’s budget is over $700 billion. #TaxDay https://t.co/ZW0td7XLjZ

It's the biggest budget the Pentagon has ever seen: $700 billion. That's far more in defense spending than America's two nearest competitors, China and Russia, and will mean the military can foot the bill for thousands more troops, more training, more ships and much more. Next year the budget would rise to $716 billion. Together, the two-year deal provides what Defense Secretary Jim Mattis says is needed to pull the military out of a slump in combat readiness at a time of renewed focus on the stalemated conflict in Afghanistan and the threat of war on the Korean peninsula. The budget bill that President Donald Trump signed Friday includes huge spending increases for the military: The Pentagon will get $94 billion more this budget year than last -- a 15.5 percent jump. It's the biggest year-over-year windfall since the budget soared by 26.6 percent, from $345 billion in 200...

Full article: https://www.military.com/daily-news/2018/02/11/pentagon-b...

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