U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region. On top of that, the National Defense Authorization Act of 2024 authorized military spending of a record $886 billion. A big chunk of that money will go to bolster the American defense industry. | CNBC

Joe Biden signed several executive orders, from rejoining the Paris Climate Accord to mandating the wearing of masks in federal spaces, in one of his first public acts since taking office. “I thought with the state of the nation today, there’s no time to waste. Get to work immediately,” the president said. “There’s no time to start like today.” https://politi.co/3qBsyk6 | POLITICO