July 9, 2024diplomaticNATOEuropean securityUkraine wardefense spendingdiplomatic
Biden hosts NATO 75th anniversary summit 32-member alliance commits record defense spending
President Biden hosts the NATO Summit in Washington DC to mark the alliance's 75th anniversary, the largest NATO summit ever held in the US. The summit produces concrete commitments. All 23 of the NATO members meet the 2% GDP defense spending target (up from just 3 when Biden took office). The summit creates a new bridge of support for Ukraine with a $43 billion commitment for 2024. The summit reaches agreement on pre-positioned equipment and strengthened eastern flank defenses. Biden delivers a fiery defense of the alliance against critics who question its necessity. The summit is also notable as Biden's last major diplomatic event before his cognitive performance at the CNN debate triggered calls to step aside from the 2024 race.