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Top U.S. Senate Republican calls on Biden for 5% increase in military spending

McConnell said in a floor speech that ramped up military spending must follow recent sanctions imposed on Moscow over its invasion of Ukraine to ensure the United States can counter advancements in Russian and Chinese weaponry that he said were intended to keep U.S. forces away from troubled regions.

“It is this president’s job to seriously meet the growing threats posed by Russia and China,” McConnell said in a floor speech.

“President Biden must lead by example. The president’s next budget request must include at least a 5% increase in defense spending above inflation. Russia and China have prioritized military modernization literally for decades,” he said. “We are actually behind.”


Source: Economy - investing.com

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