Can the U.S. Afford Its Military Aid Promises?

SHORT VIDEO CLIPS, 20 May 2024

CNBC - TRANSCEND Media Service

16 May 2024

Joe Biden signed a $95 billion U.S. military aid package last April to Ukraine, Israel, Taiwan and the Indo-Pacific region. The National Defense Authorization Act of 2024 authorized military spending of a record $886 billion. “Most of that money will go to support US defense industries.” Lockheed Martin, RTX, General Dynamics, Boeing and Northrop Grumman had DoD contracts of more than $118 billion in 2022.


Tags: , , , , , , , , ,

This article originally appeared on Transcend Media Service (TMS) on 20 May 2024.

Anticopyright: Editorials and articles originated on TMS may be freely reprinted, disseminated, translated and used as background material, provided an acknowledgement and link to the source, TMS: Can the U.S. Afford Its Military Aid Promises?, is included. Thank you.

If you enjoyed this article, please donate to TMS to join the growing list of TMS Supporters.

Share this article:

Creative Commons License
This work is licensed under a CC BY-NC 4.0 License.

There are no comments so far.

Join the discussion!

We welcome debate and dissent, but personal — ad hominem — attacks (on authors, other users or any individual), abuse and defamatory language will not be tolerated. Nor will we tolerate attempts to deliberately disrupt discussions. We aim to maintain an inviting space to focus on intelligent interactions and debates.

23 − = 15

Note: we try to save your comment in your browser when there are technical problems. Still, for long comments we recommend that you copy them somewhere else as a backup before you submit them.

This site uses Akismet to reduce spam. Learn how your comment data is processed.