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Reuters

Biden’s defense budget seeks greater China deterrence and nuclear funding

U.S. President Joe Biden’s $715 billion Department of Defense budget will shift funding from old systems to help modernize the nuclear arsenal to deter China, while also developing future warfare capabilities, people familiar with the budget said. The defense spending request, which will be sent to Congress on Friday, is expected to contain investments in troop readyness, space, the Pacific Deterrence Initiative aimed at countering China’s military build-up in the region and nuclear weapons technology, the people said. The budget request would buy ships, jets and pay for maintenance and salaries, but an additional $38 billion is earmarked for defense-related programs at the Federal Bureau of Investigation, Department of Energy and other agencies bringing the national security budget to $753 billion, a 1.7% increase over the 2021 figure.

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