Image source: topwar.ru
The Aerospace Industries Association and the U.S. Defense Companies trade Group have sent a letter to the leaders of the Congressional Appropriations and Armed Services committees. It says that due to inflation, the American defense industry requires an increase in the military budget. The same budget that already exceeds $ 800 billion.
This is reported in the magazine Defense News.
Defense and aerospace companies propose to legislators to change the size of the military budget so that its increase outstrips the growth of inflation by 3-5 percent. They are rushing congressmen to make appropriate decisions before the beginning of the next fiscal year, that is, before September 30. Arms manufacturers say that in this way the United States will demonstrate "determination in the face of Russian and Chinese aggression."
Image source: topwar.ru
US President Joe Biden has requested $813 billion for national defense in fiscal year 2023. This is eight percent higher than last year's request and 4 percent higher than the amount approved by Congress. With inflation in the United States rising above eight percent for the first time in 40 years, Deputy Secretary of Defense Kathleen Hicks and other Pentagon officials acknowledged that the military may need more money than they decided to allocate. So, we will have to disperse the printing press again.
However, the amount Biden initially requested, which he intends to spend on defense, is already a record in the history of the United States. Many congressmen have already expressed their dissatisfaction with such extravagance. But the military-industrial lobby is unlikely to pay attention to this discontent.
