U.S. Indo-Pacific Command is telling Congress it needs to spend $76 billion over the next five fiscal years on the Pacific Deterrence Initiative, a key Pentagon effort to counter China's increasing military activity in the region. The requirements are outlined in a report, first reported by Politico , that is required by the Fiscal Year 2022 National Defense Authorization Act, which sought “an independent assessment with respect to a prioritized set of activities and resources for FY-23 and sustainment funding...