"President Joe Biden’s administration is poised to announce the largest defense budget in history next week that will exceed the record-setting $858 billion defense budget Congress passed for 2023. All of this is happening as a debt ceiling crisis looms and defense spending, which makes up about nearly half of all federal discretionary spending, is on the chopping block."Wait for it…
The defense sector steered $18.9 million in campaign contributions to members of the 118th Congress during the 2022 election cycle, a new OpenSecrets analysis of federal campaign finance data found. More than $5.8 million of that went to the combined 84 members of the House and Senate Armed Services Committees tasked with crafting the annual defense budget.
[Open Secrets]
Surprised?
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