President Obama approves $636bn defence spending bill for 2010

[Lankan Ranger]

President Obama approves $636bn defence spending bill for 2010

President Barack Obama has signed into law a USD636 billion Fiscal Year 2010 defence spending bill.

The bill funds the wars in Iraq and Afghanistan at USD128 billion.

In terms of specific funding for ground forces, the legislation provides USD6.3 billion - about USD825 million above the request - for the mine-resistant ambush-protected (MRAP) vehicle fund "in order to complete procurement" of over 6,600 new MRAP all-terrain vehicles (M-ATVs) to be used in Afghanistan.

The spending measure also includes USD5 billion for the 'Overseas Contingency Operations Transfer Fund' that is intended to help "rebalance US forces between Iraq and Afghanistan".

The US Army and US Marine Corps (USMC) are to receive an overall USD3.34 billion "to increase and improve the military's fleet of helicopters".

US Air Force (USAF) programmes that avoided the fate of total cancellation, such as the Lockheed Martin F-22 Raptor, also fared relatively well in congressional debates over the spending legislation.

Lawmakers matched the president's request for 30 Lockheed Martin F-35 Lightning II Joint Strike Fighter aircraft budgeted at USD6.8 billion.

Aircraft procurement was the top-line item for the navy, amounting to a total of USD18 billion. That total included USD1.5 billion for 18 Boeing F/A-18E/F Super Hornet fighters. An additional USD1.6 billion was set aside for 22 Boeing EA-18G Growlers.

The navy and the marines also secured funds for 20 F-35 Lightning IIs as part of the total USD6.8 billion DoD F-35 buy of 30 aircraft.

Lawmakers provided USD15 billion for shipbuilding programmes - USD120 million over the service's request - for seven ships.

From: Obama approves $636bn defence-spending bill

 

[white_pawn]

$ 636 Bn..... man now thats a sum of money.

 

[white_pawn]

Seriouly that a huge amount, but considering US Defence and military requirement it would be less for them.

US already have lots of the fonts open and to maintain their upper hand they have to spend accordingly to fulfill their goal.

 

[Red Dwarf]

Thats almost half of India's GDP. Awesome

 

[Unbeliever]

I used PPP, u nominal, never mind. (delete please) :>

 

[Nemesis]

636 billion!! and people say the US won't be the sole super power in 10 years!!

 

[Cheetah786]

636 billion!! and people say the US won't be the sole super power in 10 years!!

Those people who say USA wont be super power in ten years are stupid if you keep borrowing to spend money you do not have to stay on top eventually you become super doper power.

 

[AZADPAKISTAN2009]

630 billion dollars - for defence budget

10 Trillion deficit , which will not be paid till 2040 , and now add 630 billion dollars more to that budget deficit

Aemrican don't get a health care system becuase they don't have 200 bilion dollars but to fight some invisible froce thet have 10 trillion dollars + 640 billion dollars more ....

Of course its coming from tresury , all the people who saved their money in banks - in saving accounts -

Perhaps ppl should take out their cash while they can , before the machine hits rock bottom of the bank piggie bank