Pentagon wants $582 billion in funding as part of fiscal year 2017 budget

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 has announced.

The $582.7 billion will include $71.4 for research and development funding, $7.5 billion to fight Islamic State, $8.1 billion for submarines, and $1.8 billion on munitions, according to Carter.

Carter said the budget was guided by five factors: the rise of power from Russia and China; the threat of North Korea to the US and its Pacific allies; Iran's “malign influence” against allies in the Gulf; and the ongoing fight against Islamic State (IS, formerly ISIS/ISIL) .... https://www.rt.com