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Trump to increase military budget above China, Russia

2018-02-11 09:41:10       source:Aljazeera

February 11, 2018


It is the biggest budget the Pentagon has ever seen: $700bn. That's far more in military spending than the US' two nearest competitors, China and Russia, and will mean US army can foot the bill for thousands more troops, more training, more ships and a lot else.


And next year it would rise to $716bn. Together, the two-year deal provides what US Defense Secretary James Mattis says is needed to pull the military out of a slump in combat readiness at a time of renewed focus on the stalemated conflict in Afghanistan and the threat of war on the Korean Peninsula.


The budget bill that President Donald Trump signed Friday includes huge spending increases for the military: The Pentagon will get $94bn more this budget year than last - a 15.5 percent jump. It's the biggest year-over-year windfall since the budget soared by 26.6 percent, from $345bn in 2002 to $437bn the year after, when the United States invaded Afghanistan and Iraq, and was expanding national defence after the attacks September 11, 2001.


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http://www.aljazeera.com/news/2018/02/trump-increase-military-budget-china-russia-180210141816045.html