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White House requests $842 billion to fund Pentagon in 2024 — Ashley Roque

Summary:
The White House is requesting 6.4 billion in discretionary funding for national security in fiscal 2024, with 2 billion from that pot bound for Department of Defense coffers — a 3.2 percent increase over the FY23 enacted level.The administration unveiled its budgetary roadmap today just hours before President Joe Biden was scheduled to touchdown in Philadelphia, Pa., to discuss plans to cut the deficit and fund the federal government next year.…Breaking DefenseWhite House requests 2 billion to fund Pentagon in 2024Ashley Roquealso at Breaking DefenseUS Indo-Pacific Command seeks .3 billion in new, independent budget request Justin Katz

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The White House is requesting $886.4 billion in discretionary funding for national security in fiscal 2024, with $842 billion from that pot bound for Department of Defense coffers — a 3.2 percent increase over the FY23 enacted level.

The administration unveiled its budgetary roadmap today just hours before President Joe Biden was scheduled to touchdown in Philadelphia, Pa., to discuss plans to cut the deficit and fund the federal government next year.…

Breaking Defense


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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