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Saturday, February 4, 2023

Biden Signs National Defense Authorization Act into Law | Defense

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The Fiscal 2023 National Defense Authorization Act, which allots $816.7 billion to the Defense Department, has been signed into law by President Joe Biden. 

The measure includes $45 billion more than what was originally asked to combat the impacts of inflation and hasten the execution of the National Defense Strategy. It results in a 4.6 percent pay increase for military and civilian department employees. The act also grants $378 million for additional defense-related operations and $30.3 billion for national security programs at the Department of Energy and the Defense Nuclear Facilities Safety Board. Additionally, it provides $3.8 billion more to cover cost increases in military construction. The act’s authorization of $2.5 billion for inflation impacts on DOD gasoline expenditures is evidence of the agency’s size. 

Source: https://www.defense.gov/News/News-Stories/Article/Article/3252968/biden-signs-national-defense-authorization-act-into-law/ 

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