Biden Signs National Defense Authorization Act Into Law
President Joe Biden has signed the Fiscal 2023 National Defense Authorization Act into law allotting $816.7 billion to the Defense Department. The act means a 4.6 percent pay raise for military and civilian members of the department, and includes $45 billion more than originally requested to counter the effects of inflation and to accelerate implementation of the National Defense Strategy. The act also authorizes $30.3 billion for national security programs in the Department of Energy and the Defense Nuclear Facilities Safety Board and $378 million for other defense-related activities. To read more, click here.