Biden administration unveils nearly $850 billion funding request for Pentagon

Published March 11, 2024 3:49pm ET



The Biden administration released its defense spending fiscal 2025 request on Monday, and it represents a 1% increase in defense spending, a whopping $849.8 billion. The plans for a bigger boost were hindered by last year’s debt-limit deal.

The budget request is $7.8 billion higher than the president’s budget request last year, which Congress never passed. The nearly $850 billion for the Pentagon requested for fiscal 2025 represents a 4% increase from the fiscal 2023 base level of $815.9 billion.

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