Statement by Secretary of Defense on the President’s
Fiscal Year 2023 Budget
“I am proud to join President Biden in submitting the fiscal year 2023 Budget. Our
department’s budget will help us continue to defend the nation, take care of our people
and succeed through teamwork with our allies and partners.
This
$773 billion budget request reinforces our commitment to the concept of integrated
deterrence, allows us to better sequence and conduct operations around the globe that
are aligned to our priorities, modernizes the Joint Force, and delivers meaningful
support for our dedicated workforce and their families.
As I have said many times, we need resources matched to strategy, strategy matched
to policy and policy matched to the will of the American people.
This budget gives us the resources we need to deliver on that promise. Our budget
reflects our National Defense Strategy and the focus of that strategy on the pacing
challenge of China. It will help us prepare for other future challenges, as well, including
those posed by climate change. It preserves our readiness and deterrent posture
against the threats we face today: the acute threat of an aggressive Russia and the
constantly emerging threats posed by North Korea, Iran, and violent extremist
organizations. And it absolutely supports our policy of U.S. global leadership of — and
responsibility for — our vast network of alliances and partnerships.
I am proud of the work that has gone into this budget request, and I look forward to
discussing it with members of Congress in the days and weeks ahead.”
– Secretary of Defense Lloyd J. Austin III
Total Outlays = $6,221 billion
Mandatory (by law, like Social Security, Medicare, Medicaid) = $3,840 billion
Discretionary (including Defense Budget) = $1,741 billion
Interest = $640 billion
So we spend almost as much on interest as we do on Defense and even eliminating the ENTIRE defense budget will not eliminate the $1,410 billion budget deficit. (