Pentagon wants $582bn in 2017 budget, quadrupling of spending in Europe

President Obama will request $582.7 billion in funding for the Pentagon as part of the fiscal year 2017 budget, Secretary of Defense Ash Carter said. It will be partly used to keep a competitive edge over Russia and China, and to quadruple spending in Europe. Carter said part of the $582.7 billion will include $71.4 for research and development funding, adding that much of the money will focus on maintaining an edge over the competition.
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