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President Obama Proposes $534B for 2016 Defense Spending

PentagonPresident Barack Obama has requested $534 billion in discretionary Pentagon spending and an additional $51 billion to finance U.S. military operations in the Middle East for fiscal 2016, the New York Times reported Monday.

Helene Cooper writes the FY 2016 defense budget plan seeks funds for the military’s fighter, bomber, ship and submarine fleets.

Pentagon officials believe the U.S. must continue to invest in defense programs as new security threats have emerged globally.

“The geopolitical events of the past year only reinforce the need to resource DoD at the president’s requested funding level as opposed to current law,” the department stated, according to the newspaper.

The Pentagon has also proposed to reduce the active-duty force size from 490,000 to 475,000 service members.

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