House, Senate negotiators agree to add $45B to Biden’s defense budget

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(Worthy News) – An emerging compromise on annual defense policy legislation will endorse a $45 billion increase to President Joe Biden’s defense spending plans, according to four people familiar with the negotiations.

The deal would set the budget topline of the fiscal 2023 National Defense Authorization Act at $847 billion for national defense, and would go as high as $858 billion when including programs that fall outside of the jurisdiction of the Senate and House Armed Services committees. The level mirrors the increased budget approved by Senate Armed Services in June. [ Source: Politico (Read More…) ]

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