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A resolution urging all members of the North Atlantic Treaty Organization to spend a minimum of 2 percent of gross domestic product on defense.
3/13/2024, 7:26 PM
Summary of Bill SRES 344
Bill 118 S.Res. 344 is a resolution that urges all members of the North Atlantic Treaty Organization (NATO) to allocate at least 2 percent of their gross domestic product (GDP) towards defense spending. The resolution emphasizes the importance of NATO members fulfilling their commitment to contribute to the collective defense of the alliance.
The resolution highlights the need for NATO members to increase their defense spending in order to address emerging security threats and challenges. It argues that a minimum of 2 percent of GDP is necessary to ensure that NATO remains a strong and effective alliance in the face of evolving global security dynamics.
The resolution does not mandate specific actions or penalties for NATO members who do not meet the 2 percent target, but rather serves as a formal statement of support for increased defense spending within the alliance. It is intended to encourage NATO members to prioritize defense investment and strengthen their contributions to collective security efforts. Overall, Bill 118 S.Res. 344 underscores the importance of NATO members meeting their financial commitments to ensure the continued strength and effectiveness of the alliance in promoting peace and security in the Euro-Atlantic region and beyond.
The resolution highlights the need for NATO members to increase their defense spending in order to address emerging security threats and challenges. It argues that a minimum of 2 percent of GDP is necessary to ensure that NATO remains a strong and effective alliance in the face of evolving global security dynamics.
The resolution does not mandate specific actions or penalties for NATO members who do not meet the 2 percent target, but rather serves as a formal statement of support for increased defense spending within the alliance. It is intended to encourage NATO members to prioritize defense investment and strengthen their contributions to collective security efforts. Overall, Bill 118 S.Res. 344 underscores the importance of NATO members meeting their financial commitments to ensure the continued strength and effectiveness of the alliance in promoting peace and security in the Euro-Atlantic region and beyond.
Congressional Summary of SRES 344
This resolution expresses that a lack of sufficient progress by North Atlantic Treaty Organization (NATO) member countries in achieving a minimum of 2% of gross domestic product on defense spending is politically and economically unsustainable. The resolution also (1) commends certain NATO member countries for contributing to 10% or more of NATO's direct funding and programs budget, (2) commends certain NATO member countries for meeting or exceeding their defense spending commitment, and (3) commends certain NATO member countries for contributing significant weapons and equipment to Ukraine.
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Current Status of Bill SRES 344
Bill SRES 344 is currently in the status of Bill Introduced since September 14, 2023. Bill SRES 344 was introduced during Congress 118 and was introduced to the Senate on September 14, 2023. Bill SRES 344's most recent activity was Referred to the Committee on Foreign Relations. (text: CR S4530-4531) as of September 14, 2023
Bipartisan Support of Bill SRES 344
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill SRES 344
Primary Policy Focus
International AffairsAlternate Title(s) of Bill SRES 344
A resolution urging all members of the North Atlantic Treaty Organization to spend a minimum of 2 percent of gross domestic product on defense.
A resolution urging all members of the North Atlantic Treaty Organization to spend a minimum of 2 percent of gross domestic product on defense.
Comments
Sponsors and Cosponsors of SRES 344
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