Article Image
IPFS News Link • Military Industrial Complex

Pentagon asks for biggest budget EVER at $842 BILLION...


The Pentagon has asked Congress for a range of advanced missiles, modern jets, state-of-the-art defense systems and more money to guard against threats from China in its biggest peacetime budget in history.

The $842 billion request includes $11billion for hypersonic weapons, $37.7 billion to modernize the nuclear arsenal and a huge investment in research and development to take on threats from adversaries including China and Russia.

$6.2 billion has been requested for a Columbia ballistic missile submarine, $28.8 billion on missile defense systems, an investment in space warfare and cash to bolster defenses in Guam and Hawaii - as Beijing bulks up its military and threatens Taiwan.

There's almost $38 billion to buy new nuclear submarines, field the new B-21 stealth bomber and manufacture new ground-based intercontinental ballistic missiles 

The huge Department of Defense blueprint would put the military's annual budget over the $1 trillion threshold in just five years, its chief financial officer said Monday.

It's the largest request since the peak of the Iraq and Afghanistan wars in the mid-2000s, when the weight of hundreds of thousands of troops deployed in those overseas conflicts ballooned overseas war spending.

There could be the largest pay raise for troops in more than 20 years, as the Pentagon faces problems with recruitment across all branches.