US EditionWhite House set to release Trump's budget with major increase in defense spending
The plan would be the largest year-over-year defense increase in decades and includes $185 billion for Golden Dome, a missile shield for all U.S. territory.
- On Friday, the Trump administration proposed a $1.5 trillion defense budget for fiscal 2027, broken into a $1.15 trillion base request and $350 billion from a forthcoming reconciliation bill, according to the Office of Management and Budget.
- The administration seeks to modernize the military for 21st-century threats and deter Chinese aggression in the Indo-Pacific region, while replenishing weapons stocks depleted by conflicts in Iran, Israel, and Ukraine.
- Specific investments feature 85 Lockheed Martin F-35 jets and the $185 billion Golden Dome missile shield, with $400 million allocated in the base budget for the controversial defense program.
- The Committee for a Responsible Federal Budget estimated Monday that the plan would increase total defense spending by $5.8 trillion through 2036, setting up a fiscal clash in Congress.
- Federal Reserve Chair Jerome Powell warned that while the $39 trillion national debt is not immediately dangerous, the trajectory "is not sustainable" and "will not end well if we don't do something fairly soon.
14 Articles
14 Articles
Associated Press News
White House set to release Trump's budget with major increase in defense spending
The White House is scheduled to release President Donald Trump’s 2027 budget Friday. It is expected to boost Pentagon spending to as much as $1.5 trillion, the largest of its kind in decades.
Trump Set To Unveil His $1.5 Trillion Military Budget Request Amid Raging Iran War - News From Antiwar.com
President Trump is expected to unveil his request for a $1.5 trillion military budget for the 2027 fiscal year on Thursday, Reuters has reported, marking a 50% increase from this year's already massive budget. The 2026 military budget marked the first to officially exceed $1 trillion, which was achieved by Congress…
In his new 2027 US budget, Trump wants to put the country on a "war footing." US President Donald Trump is preparing to present his 2027 budget. The key points will be proposals to increase military spending, as he promised his voters, although social programs will suffer. This was reported by RBC-Ukraine, citing Bloomberg. Read also: "Undermining national interests": Republicans outraged by Trump's threats to withdraw from NATO According to the…
Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its fiscal year 2027 budget request, centering on a significant “historic” defense spending increase to $1.5 trillion. The national debt crossed $39 trillion just weeks ago and is alarming figures as varied as Elon Musk and Jerome Powell. Musk, the world’s richest man and, briefly, an advisor to the White House who was involved with the De…
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