US Department of Defense to receive USD 777 Bn budget for 2022.

On Monday, January 3, President Joe Biden signed into law the $777 billion National Defense Authorization Act (NDAA) for the fiscal year 2022, funding the U.S. military for the upcoming year, Trevor Filseth reports in The National Interest. The new law provides the Pentagon with its largest annual budget in history, including $24 billion more than the Department of Defense had requested. The Defense Department’s previous largest budget was passed in July 2020, giving it $740 billion.
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President Joe Biden signed into law the $777 billion National Defense Authorization Act (NDAA) for the fiscal year 2022 (Picture source: US DoD/Lisa Ferdinando)

The signing took place after the legislation was overwhelmingly approved in both houses of Congress, Trevor Filseth reports. The House of Representatives approved it in a bipartisan vote, with 363 representatives in favor and 70 opposed. The measure passed the Senate on December 15, with 89 votes in favor and 10 against.

The increased spending helps to address a multitude of needs and gives U.S. troops a pay raise of roughly 3 percent. Also, it includes funding for a commission to study the failures of the War in Afghanistan.

The U.S. military budget is far and above the largest in the world, roughly three times larger than the second-largest defense spender, China.