France Approves , Massive $450 Billion , Military Budget .<br />On April 4, the French government <br />approved the nation's largest <br />military spending in over 50 years. .<br />Fox News reports that the key budget bill <br />and the boost in military spending highlight <br />the impact of Russia's invasion of Ukraine.<br />The bill will see France spend <br />$450 billion on the military <br />between 2024 and 2030.<br />France's Defense Minister Sébastien Lecornu said the bill's <br />goals are similar to 1960s push to develop nuclear <br />weapons, which made France a major military power.<br />France's Defense Minister Sébastien Lecornu said the bill's <br />goals are similar to 1960s push to develop nuclear <br />weapons, which made France a major military power.<br />The new bill will modernize France's nuclear arsenal, <br />increase spending on intelligence by 60%, double military <br />reservists and develop more remote operated weapons.<br />Fox News reports that the bill will also see France's <br />arms industry increase production to meet <br />the needs of both the French military and Ukraine.<br />Fox News reports that the bill will also see France's <br />arms industry increase production to meet <br />the needs of both the French military and Ukraine.<br />An issue we unfortunately rediscovered <br />with the war in Ukraine is the issue <br />of the ammunition stocks … <br />We will need a ten-year period <br />of time to upgrade all infrastructures <br />and equipment of our military, Sébastien Lecornu, France's Defense Minister, via Fox News.<br />According to Lecornu, the budget bill <br />will be voted on by parliament by June <br />and could be enforced by mid-July.<br />President Emmanuel Macron's centrist <br />alliance does not hold a majority in either <br />house of France's parliament. .<br />President Emmanuel Macron's centrist <br />alliance does not hold a majority in either <br />house of France's parliament. .<br />However, Fox News reports that military officers have long <br />complained of diminishing military spending, while opponents <br />of the bill have pushed for increased defense spending. .<br />However, Fox News reports that military officers have long <br />complained of diminishing military spending, while opponents <br />of the bill have pushed for increased defense spending.
