Last week, the White House released President Biden’s request for $105 billion in military and related aid related to wars ongoing in Ukraine, Gaza, and wars not yet begun, as well as a request for additional border funding.
An extra $105 billion in mostly military spending is no small matter, especially on top of the $886 billion military budget that has been working its way through Congress this year. The new request calls for tens of billions in additional military aid for Ukraine, more than three times the typical annual military aid to Israel to continue their siege on Gaza, and billions more for border agencies that have seen their budgets grow remarkably over recent years.
Here’s what’s in the administration’s request.
What’s in the White House $105 Billion Military Bill?
Source: Office of Management and Budget.
The administration has touted the bill as providing billions for the military industrial base (read: Lockheed, Raytheon, and the rest). In keeping with that, we found that the administration’s request would provide an additional $58 billion to the Pentagon, largely but not solely to support Ukraine and Israel in their wars. In the chart above, the majority of these funds appear under military aid designated for Ukraine and …read more
Source:: Institute for Policy Studies
