{"id":1875707,"date":"2023-03-13T14:44:51","date_gmt":"2023-03-13T18:44:51","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/defense-budget-topping-1-trillion-inevitable-pentagon-comptroller-says\/"},"modified":"2023-03-13T14:45:55","modified_gmt":"2023-03-13T18:45:55","slug":"defense-budget-topping-1-trillion-inevitable-pentagon-comptroller-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/defense-budget-topping-1-trillion-inevitable-pentagon-comptroller-says\/","title":{"rendered":"Defense budget topping $1 trillion &#8216;inevitable,&#8217; Pentagon comptroller says"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdefense-budget-topping-1-trillion-inevitable-pentagon-comptroller-says%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1875707&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78207158\" class=\"brid\" style=\"width:16;height:9\">                                                                                                         <\/div>\n<p>                var _bp=_bp||[]; _bp.push({ &#8220;div&#8221;: &#8220;Brid_78207158&#8221;, &#8220;obj&#8221;: {&#8220;id&#8221;:&#8221;27789&#8243;,&#8221;width&#8221;:&#8221;16&#8243;,&#8221;height&#8221;:&#8221;9&#8243;,&#8221;video&#8221;:&#8221;1256962&#8243;} });                              <\/p><\/div>\n<\/p><\/div>\n<p>The <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/department-of-defense\">Division of Protection&#8217;s<\/a> comptroller believes it is solely a matter of time earlier than the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/defense-spending\">Pentagon&#8217;s finances<\/a> eclipses a trillion {dollars}.<\/p>\n<p>Michael J. McCord, the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/pentagon\">Pentagon&#8217;s<\/a> comptroller and chief monetary officer, informed reporters on Monday that it is &#8220;inevitable&#8221; the finances will break the $1 trillion threshold. Prime navy leaders from the Pentagon and every of the service branches spoke to reporters about President <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\">Joe Biden&#8217;s<\/a> new proposed 2024 protection finances.<\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/patriotism-unity\/us-has-growing-concern-over-chinas-relationship-with-russia\">US HAS &#8216;GROWING CONCERN&#8217; OVER CHINA&#8217;S RELATIONSHIP WITH RUSSIA<\/a><\/b><\/p>\n<p>&#8220;Just do the math. The budget will hit a trillion dollars probably before \u2014 even if it only grew 3% a year, the numbers are what they are,&#8221; McCord defined. &#8220;It&#8217;s inevitable. And I think &#8230; that&#8217;s gonna be a psychological, big watershed moment for many of us, some of us, but it is inevitable. And it just reflects the growth of the economy, among other things.&#8221;<\/p>\n<p>Biden\u2019s finances, launched final week, contains <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/defense-national-security\/biden-unveils-842-billion-defense-budget-request\">$842 billion for the Division of Protection<\/a> and one other roughly $44 billion for non-Pentagon protection spending, totaling roughly $886 billion. The request for Pentagon spending, particularly, is a $26 billion improve from the $816 billion that was enacted within the 2023 finances, and this most up-to-date request is a tad beneath $100 billion greater than the enacted 2022 spending.<\/p>\n<p>McCord defended the president&#8217;s finances request regardless of noting there have been sure issues neglected, although he defined they had been low precedence. <\/p>\n<p>&#8220;Just back on the sufficiency of the top line, I would say the secretary believes this is a good number,&#8221; he stated. &#8220;He&#8217;s happy with this number, and this doesn&#8217;t buy everything that we would have liked to do. We had some other good ideas as a collective DOD group that we could not get in at this level. But we got our highest priorities in, and we&#8217;re happy with that.&#8221;<\/p>\n<p>He additionally famous the share of GDP spent on protection has gone down over time.<\/p>\n<p>&#8220;In terms of the top line in general, again, the exist<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Learn Extra From <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/defense-national-security\/defense-budget-topping-1-trillion-inevitable\">Protection finances topping $1 trillion &#8216;inevitable,&#8217; Pentagon comptroller says<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Defense&#8217;s comptroller believes it&#8217;s only a matter of time before the Pentagon&#8217;s budget eclipses a trillion dollars. Michael J. McCord, the Pentagon&#8217;s comptroller and chief financial officer, told reporters on Monday that it&#8217;s &#8220;inevitable&#8221; the budget will break the $1 trillion threshold. Top military leaders from the Pentagon and each of the<\/p>\n","protected":false},"author":1,"featured_media":1897077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[4463,21498,3998,8444,3761,14173],"class_list":["post-1875707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-budget","tag-comptroller","tag-defense","tag-inevitable","tag-pentagon","tag-topping"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1875707"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1897077"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1875707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1875707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1875707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}