Defense spending

Here's what the $1.3 trillion defense-friendly spending bill looks like for the military

The military's massive funding hike just got a little bit closer to reality.

Congressional leaders unveiled a colossal government spending bill Wednesday night after striking an agreement on some major points of contention. In order to avoid the third government shutdown this year, lawmakers will now rush to pass the 2,200-page legislation by Friday's midnight deadline.

The $1.3 trillion omnibus offers the most significant increase in defense funding in the past 15 years, including a pay hike for personnel.

House Speaker Paul Ryan and other Republicans have touted the bill as a win for the U.S. military. Appearing on "Fox & Friends" Thursday morning, Ryan called the spending plan the "Trump-Jim Mattis budget," referring to the secretary of Defense.

"Obama shortchanged our military, this fixes us," Ryan said. "This is the Trump-Jim Mattis budget for the military. That's probably the biggest victory here is what we are doing for our soldiers, sailors, our airmen, our marines, and veterans."