Biden’s 2025 Budget: 1% Increase in Defense Spending to $849.8B

The Biden administration will ask for a 1% increase in defense spending for the 2025 budget year, to $849.8 billion, officials familiar with the matter said. It will scale back plans for a bigger boost as it struggles with ceilings imposed by last year’s debt limit deal.

The cuts reflect a decision to seek less money for procurement, research and development than previously forecast as the Pentagon reduces orders for F-35 fighter jets and much-delayed Virginia-class submarines, said the officials, who asked not to to be identified while discussing plans before the budget is sent to Congress on Monday.

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