House Democrats say the $762 billion defense spending bill they’re offering for the coming 2022-2023 fiscal year is an increase of more than $32 billion from last year and is in line with President Biden’s budget request, but it will face pressure from lawmakers seeking more defense dollars because of inflation and from liberal lawmakers who say now is the time to slash the military accounts.
On Tuesday, the House Appropriations Committee released the draft 2023 defense funding bill and rejected calls from Republicans and some Democrats to raise the budget by 3% to 5% above inflation rates.