McCain proposes $7.5 billion of new U.S. military funding for Asia-Pacific
Source: Reuters
POLITICS | Mon Jan 23, 2017 | 7:51pm EST
McCain proposes $7.5 billion of new U.S. military funding for Asia-Pacific
By David Brunnstrom | WASHINGTON
The head of the U.S. Senate's Armed Services Committee, John McCain, has proposed $7.5 billion of new military funding for U.S. forces and their allies in the Asia-Pacific, where tensions have been rising over China's territorial ambitions.
The funds, $1.5 billion a year for five years to 2022, could be used to boost U.S. munitions stocks in the region, build new military infrastructure, such as runways, and to help allies and partner countries increase their capabilities, an aide to McCain and a U.S. military official said.
The funding proposal was contained in a White Paper issued by McCain last week entitled "Restoring American Power." His committee is expected to discuss it at a budget hearing on Tuesday.
Senator McCain believes the United States must sustain its enduring commitment to the security and prosperity of the Asia-Pacific region," a spokesman for McCain, Dustin Walker, said.
"The Asia-Pacific Stability Initiative ...
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