Biden signs $770 billion defense bill

Biden signs $770 billion defense bill

U.S. President Joe Biden signed into law the National Defense Authorization Act, or NDAA, for fiscal year 2022, which authorizes $770 billion in defense spending, the White House said on Monday.

"The Act provides vital benefits and enhances access to justice for military personnel and their families, and includes critical authorities to support our country's national defense," Biden said in a statement after signing the bill into law.

Authorizing about 5% more military spending than last year, the fiscal 2022 NDAA is a compromise after intense negotiations between House and Senate Democrats and Republicans after being stalled by disputes over China and Russia policy.

The final version of the law doesn't include restrictions against the Nord Stream 2 gas pipeline and 35 officials and businessmen from Russia. 

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