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By 16 December 2022 the current budget extension resolution will have expired. [45] The President signed the FY2023 Appropriations bill on 23 December 2022. [46] US military spending in 2021 reached $801 billion per year according to the Stockholm International Peace Research Institute.
Global military expenditure in 2022. This is a list of countries with the highest military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates. [1]
The National Defense Authorization Act for Fiscal Year 2022 (S. 1605; NDAA 2022, Pub.L. 117-81) is a United States federal law which specifies the budget, expenditures and policies of the U.S. Department of Defense (DOD) for fiscal year 2022. Analogous NDAAs have been passed annually for 60 years.
A U.S. official said the $3.4 billion in budget funding brings the total in U.S. budget aid to Ukraine to just over $30 billion since Russia's invasion in February 2022.
The United States spends more on defense than the next 10 highest-spending countries combined. Defense accounts for half of America's discretionary spending and 15% of total federal spending.
2022 National Defense Authorization Act for Fiscal Year 2022: Pub. L. 117–81 (text) COMPS-16861 2023 James M. Inhofe National Defense Authorization Act for Fiscal Year 2023: Pub. L. 117–263 (text) COMPS-17475 Named after James M. Inhofe, a long-term Senator, and ranking member of the Senate Armed Services Committee.
The Pentagon is also likely to pause military recruitment and operational planning. The pause in pay and furloughs will have impacts that go beyond U.S. borders. USAA government shutdown program
The United States federal budget for fiscal year 2022 ran from October 1, 2021, to September 30, 2022. The government was initially funded through a series of four temporary continuing resolutions . The final funding package was passed as an omnibus spending bill , the Consolidated Appropriations Act, 2022 .