WASHINGTON (Reuters) – The Pentagon on Tuesday proposed a $582.7 billion defense budget that emphasizes emerging threats from Russia, China and Islamic State rebels, but the plan is already under fire from Republican lawmakers who charge it short-changes the U.S. military.
President Barack Obama’s last budget would boost spending on the war against Islamic State militants to $7.5 billion during the 2017 fiscal year, a 50 percent jump over the $5 billion approved this year. Some $200 million of that would go to fight militants in north and west Africa.
The proposal also would quadruple funds to counter Russian pressure in Europe, …read more
Source: Newsweek
