White House highlights $50B for U.S. defense industry in Biden's emergency spending request

By Tony Bertuca / October 20, 2023 at 10:44 AM
President Biden, last night calling for the United States to again become the “arsenal of democracy,” is seeking more than $100 billion in emergency national security spending from Congress to mostly aid Ukraine and Israel, with the White House highlighting a $50 billion investment in the U.S. defense industrial base, including billions for new attack submarines. Jake Sullivan, Biden’s national security adviser, told reporters today on a phone call that the United States is facing a “global inflection point” as...

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