The Senate Armed Services Committee (SASC) released an $847 billion defense policy bill last week, filed by Senate Armed Services Committee Chairman Senator Jack Reed (D-R.I.) and Ranking Member Senator Jim Inhofe (R-Okla.).
In a press release statement, Inhofe emphasized the importance of the bill’s approval in the present day.
“With the Chinese Communist Party accelerating the already historic modernization of its military, Russia continuing to destabilize security in Europe, and record-high inflation jeopardizing our buying power, Congress must do everything we can to give our military every advantage on the battlefield,” Inhofe said.
The legislation will authorize $817.15 billion for the Department of Defense (DOD) and $29.71 billion for national security programs within the Department of Energy (DOE). It also includes a $13.8 billion increase in procurement funds over the Pentagon’s budget request and up to $7.5 billion additional funds for research, development, test, and evaluation programs.