Despite the many differences between the two administrations, Biden’s proposed FY2022 defense budget of $753 billion essentially embraced the massive defense spending increases seen under former President Donald Trump – and has drawn criticism as a result. Show me your budget, and I’ll tell you what you value.” Determining the size and distribution of the annual defense budget is one of the most important decisions the administration and Congress make each year. President Joe Biden once famously said, “Don’t tell me what you value.
