US President Joe Biden is initiating a $ 7 billion cut in the US military budget from the figure that was planned by the administration of his predecessor, Donald Trump. Bloomberg reported this on Thursday, citing sources.
According to him, Biden on Friday will submit proposals on government spending, including defense, for which $ 715 billion should be spent on the needs of the Pentagon. At the same time, the Donald Trump administration planned to allocate $ 722 billion for the defense budget. insist on cutting military spending.
According to the agency’s calculations, in real terms, the decrease compared to the budget of the previous administration will be only 0.4% due to inflation.