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It amounted in total obligational authority to $77.7 billion, almost $3 billion more than in FY 1968. The final FY 1970 budget, which Clifford and his staff worked on before they left office after the election of Richard Nixon to the presidency, amounted to $75.5 billion TOA (Total Obligational Authority). [27]
Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
The National Defense Authorization Act (NDAA) is any of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961.
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
How much the U.S. should allocate to the Department of Defense remains a contentious topic in the debate over government spending. After a great deal of chaos, on March 23—about halfway through ...
Total obligational authority approved by Congress during Wilson's tenure decreased significantly at first and then began to creep back up, but it remained lower than the Truman administration's last budgets, inflated because of the Korean War. The TOA for FY 1953, Truman's final Defense budget, was $44.2 billion.
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 William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (NDAA 2021) is a United States federal law which specifies the budget, expenditures and policies of the U.S. Department of Defense (DOD) for fiscal year 2021. Analogous NDAAs have been passed annually for 59 years. [1]