US Congressman Announces New Fiscal Year Expenditure Bill, Greatly Increasing Military and Domestic Budgets

2022-12-21

According to comprehensive reports, on the 20th local time, members of Congress of the United States announced an extensive $1.7 trillion spending bill for fiscal year 2023, significantly increasing military and domestic budgets. The US media said that this marked the final sprint for the Democratic controlled Congress to pass the bill before the change of office. According to the Wall Street Journal of the United States, after several months of behind the scenes consultations, this bill has increased $44.9 billion in aid funds to help Ukraine and NATO allies, $40.6 billion in disaster response such as drought and hurricanes, and designated funds for projects in the constituencies where parliamentarians are located. The Act amended the Electoral Counting Act of 1887, making it more difficult to prevent the results of presidential election certification. The bill also includes a military expenditure budget of $858 billion, which is $45 billion more than the amount required by President Biden and about 10% more than the previous year's $782 billion. The Senate negotiator said that the budget also included $772.5 billion of non defense discretionary spending, an increase of nearly 6% from $730 billion last year. It is reported that the Congress must approve the spending plan in the House and Senate before the expiration of the provisional appropriations bill, which ends on December 23. The Senate is expected to vote first, followed by the House of Representatives. The Biden administration expressed support for the legislation. (Liu Xinshe)

Edit:Hou Wenzhe    Responsible editor:Weize

Source:China News

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