Spiking fuel prices will cost the Pentagon $3 billion more than expected, and it will have to go to Congress for more money, a senior official said in congressional testimony on Wednesday.
Spiking inflations’s potential effect on the Pentagon has emerged as a line of attack for Republicans who argue President Joe Biden’s defense budget was already treading water when it was introduced Monday.
The prospect of increased weapons costs and rising wages are already causing significant problems for Pentagon planners as they craft President Joe Biden’s upcoming budget proposal for fiscal 2023, defense experts say.