The US Will Spend $813 Million to Fight China and Russia.

 

The United States (US) will boost its defense budget to fight China and Russia. In the fiscal year 2023, President Joe Biden’s proposed Pentagon budget includes US$813 billion or around Rp. 11,674 trillion (assuming Rp. 14,350/US$).

 

The amount is a 4% increase from the US$31 billion (Rp445 trillion) spending package signed into law in early March 2022. The Biden administration’s defense budget remains focused on China as a key strategic challenge as well as on strengthening European security given the threat posed by a Russian attack on Ukraine.

 

“If you look thoroughly at their capabilities, their economy, China remains our most challenging strategic threat. That’s what strategy says, that’s what the budget says,” a senior defense official said ahead of the budget release. 30/3/2022).

 

In fiscal 2022 approved last month, Congress passed an additional $13.6 billion to provide security assistance and help supply Ukraine with weapons. Pentagon chief financial officer Michael McCord on Monday said a new addition to Ukraine is likely to be out later this year.

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