May 25, 2022

Biden’s $5.8T budget proposes one of the ‘largest’ investments in US national security amid war in Ukraine

President Joe Biden
President Joe Biden

President Biden on Monday released his $5.8 trillion budget proposal for 2023, which he said calls for “one of the largest investments in our national security in history,” amid the invasion of Ukraine.

The president’s budget proposal includes $6.9 billion for the European Deterrence Initiative, NATO, and countering Russian aggression to support Ukraine and other partnerships with NATO allies.

The budget would help to “enhance the capabilities and readiness of U.S. forces, NATO allies, and regional partners” amid Russia’s now two-month-long war on Ukraine.

Ukraine-Cars-Destroyed
Ukraine-Cars-Destroyed

The budget also includes $1.8 billion for the State Department and USAID, and $400 million for the “Countering the People’s Republic of China Malign Influence Fund.”

The budget offers $1 billion in assistance to Ukraine for the State Department, USAID and the Department of Defense to counter “Russian malign influence” and to meet emerging needs related to “security, energy, cyber security issues, disinformation, macroeconomic stabilization and civil society resilience.”

Biden's $5.8T budget proposes one of the 'largest' investments in US national security amid war in Ukraine
Biden’s $5.8T budget proposes one of the ‘largest’ investments in US national security amid war in Ukraine

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