After 20 years and over $2 trillion dollars, the Afghanistan War is finally over. Does that mean our massive defense budget will finally be trimmed? Nope.
Congress is actually on the verge of passing an increase to the Pentagon’s budget, preparing to allocate $740 billion for the fiscal year 2021-2022. That’s more than President Joe Biden even requested. In fact, it’s $37 billion more.
The National Defense Authorization Act, better known as the NDAA, is passed annually and allocates funding for our military
industrial complex. With few exceptions, it is passed with overwhelming bipartisan support each year. It’s worth knowing that the military budget is the largest portion of the discretionary federal budget, accounting for 11 percent of overall federal spending.