Canada Global(Web News) US President Joe Biden signed a defense policy bill that increases annual defense spending by $886 billion.
The U.S. Congress last week passed the Defense and Policy Bill, an annual bill that covers everything from military pay increases to the purchase of ships and fighter jets, even to foreign countries like Taiwan. Support for partners is also included. The new bill includes a 5.2 percent increase in military salaries and a 3 percent increase in the total national security budget to Rs 886 billion. The bill also bans purchases of certain Chinese batteries for the U.S. Department of Defense. The new bill extends U.S. defense assistance to Ukraine by $300 million for the fiscal year ending Sept. 30, 2024, through 2026. have been allocated.
December 23, 2023