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Trump signs $692 billion defense bill

President Donald Trump shakes hands with Secretary of Defense Jim Mattis after signing the National Defense Authorization Act for Fiscal Year 2018.
President Donald Trump shakes hands with Secretary of Defense Jim Mattis after signing the National Defense Authorization Act for Fiscal Year 2018. Photo: Evan Vucci / AP

President Trump signed the almost-$700 billion National Defense Authorization Act on Tuesday, saying it invests in "our military's greatest weapon of all, its warriors."

Why it matters: The bill is expectd to go towards a 2.4% pay increase for soldiers, the Hill reports, as well as additional active duty and reserve troops, increased Afghanistan operations, missile defense, and equipment.