Tag: Defense budget

US Congress authorizes 8% defense budget increase
Defense Budget

US Congress authorizes 8% defense budget increase

WASHINGTON — The Senate voted 83-11 on to authorize an 8% defense budget increase over fiscal 2022 levels. The FY 2023 National Defense Authorization Act adds $45 billion to what the White House requested in its defense budget proposal. The $858 billion NDAA — which includes roughly $817 billion in Defense Department spending — also includes a 4.6% pay raise for troops as well as billions of dollars in additional funding to help the Pentagon cope with inflation, expand capacity for the defense industrial base to produce major weapons systems and continue certain programs the Biden administration had sought to cancel. “China is actively, actively trying to undercut American interests and partnerships everywhere from Asia itself to the Middle East, to Africa and beyond,” Senate Majority Le...
Japan’s record defense budget raises concerns: FM spokesperson
Defense Budget

Japan’s record defense budget raises concerns: FM spokesperson

China is concerned about the significant increase in Japan's defense budget, a Foreign Ministry spokesperson said on Tuesday, urging the Japanese side to speak and act prudently in the military and security fields. Spokesperson Wang Wenbin made the remarks at a regular press conference in response to reports that the Japanese government on Dec. 23 agreed on a record defense budget of 6.8 trillion yen (about 51 billion U.S. dollars) for fiscal year 2023. Wang said Japan is playing up regional tensions to seek military breakthroughs, which is dangerous and has aroused strong doubts among its Asian neighbors and in the international community about whether Japan can adhere to an exclusively defense-oriented policy and path of peaceful development. "The Japanese side should seriously reflec...