A new McAleese & Associates report says the Biden administration proposed a $769 billion budget for non-defense domestic programs for fiscal year 2022, a 16 percent increase over enacted FY 2021 spending levels, plus $753 billion for the Department of Defense and national security programs, up 1.7 percent from current funding levels.
Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, reported that the departments of Education, Health and Human Services and Housing and Urban Development accounted for roughly 60 percent of the proposed domestic funding boost.
McAleese noted that the White House’s budget request supports DOD initiatives to address national security threats from China, modernize nuclear deterrence capabilities, build ships and long-range weapons systems and maintain warfighter readiness. He added the Biden administration seeks to discontinue the overseas contingency operations account and roll OCO funds, amounting to $69 billion in FY 2021, into the potential $715 billion topline Pentagon budget for the next fiscal year.
“The pursuit of our national security interests requires investments that target and align our priorities and capabilities to address the constantly evolving and dynamic threat landscape,” said Defense Secretary Lloyd Austin (2021 Wash100 Award recipient).
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