4.3K views · 30 reactions | U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region. On top of that, the National Defense Authorization Act of 2024 authorized military spending of a record $886 billion. A big chunk of that money will go to bolster the American defense industry. | CNBC | Facebook

27K views · 300 reactions | Amid a growing trade war with China, the U.S. Defense Department's Defense Security Cooperation Agency announced, Monday, July 8, that the State Department had approved a request by Taiwan to purchase an estimated $2.2 billion worth of military equipment. The agency added that the deal would not alter the basic military balance in the region. https://www.voanews.com/usa/us-state-department-approves-taiwans-bid-buy-military-equipment | Voice of America | Facebook