Biden requests 4.1% increase in DoD spending, citing challenges from China, N. Korea
Mar 29, 2022
WASHINGTON -- The Joe Biden administration is seeking a 4.1 percent increase in defense spending, citing the US' growing competition with China and threats from North Korea, its budget plan showed Monday. The bill proposal, submitted to Congress, seeks $813.3 billion in overall defense spending in fiscal year 2023 starting Oct. 1. For the Department of Defense, the government is asking for a 4.1 percent or $30.7 billion increase to $733 billion, according to the department. "This budget giv