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Joe Biden signs $768.9 billion defense spending bill into law

The National Defense Authorization Act was signed into law by US President Joe Biden, authorizing $768.9 billion in military expenditures for 2022, including a 2.7% pay raise for military personnel. 

The NDAA authorizes a 5% increase in military spending and is the result of intense negotiations between Democrats and Republicans over issues ranging from reform of the military justice system to requirements for the COVID-19 vaccine for soldiers. 

The $768.2 billion price tag represents a $25 billion increase over the amount Biden originally requested from Congress. The prior proposal was rejected by members of both parties because of concerns that it would undermine US efforts to keep pace with China and Russia. 

The bill includes $7.1 billion for Pacific Deterrence Initiative and a statement of congressional support for the defense of Taiwan, measures intended to counteract China’s influence in the region. It also includes $300 million for the Ukraine Security Assistance Initiative, a show of support in the face of Russian aggression, as well as $4 billion for the European Defense Initiative. 

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