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United States: Biden proposes increases to defense budget

An 813.3 billion dollars plan is now under consideration by Congress

The White House unveiled in recent hours its new defense investment plan for fiscal year 2023. Specifically, US President Joe Biden has proposed spending of 813.3 billion dollars. A figure that marks a +10% from 2021 (+31 billion). The goal is twofold: to respond to Russia and to counter China's military buildup. The plan includes various types of investments: missiles with miniaturized nuclear warheads, i...

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AVIONEWS - World Aeronautical Press Agency