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President Donald Trump’s latest defense budget proposal calls for pay raises for troops, more investment in advanced missiles ...
WASHINGTON, May 2 (Reuters) - U.S. President Donald Trump is asking Congress for a national defense budget of $892.6 billion for fiscal year 2026, flat compared to 2025 spending.
For national defense, the blueprint proposes $1.011 trillion in discretionary budget authority, of which 95 percent would be spent by the Pentagon.
It’s Thursday! Welcome to Overnight Defense & National Security, your nightly guide to the latest developments at the Pentagon, on Capitol Hill and beyond. Subscribe here. President Biden is ...
House appropriators on Tuesday advanced plans for a $831.5 billion defense budget for next fiscal year over concerns from Democratic lawmakers that the spending package is rushed and incomplete, since ...
Yet in its latest budget request for defense, the Biden administration has sought to downplay the U.S. military’s role in national security, and the resources it has asked for are insufficient ...
Even with the increase, an American military budget of $1 trillion still would not match Trump’s stated goal of all NATO countries spending 5% of their gross domestic product on defense.
According to the Congressional Budget Office, in 2024 the U.S. will pass a grim and once-unimaginable milestone. By 2034, the federal debt will exceed $50 trillion.
WASHINGTON (Reuters) -U.S. President Donald Trump is asking Congress for a national defense budget of $892.6 billion for fiscal year 2026, flat compared to 2025 spending.
China on Wednesday increased its defense spending by 7.2% this year, the same growth rate as in the prior two years, as Beijing seeks to "firmly safeguard" its national security.
Hegseth said the 2026 budget request reflects a 13% increase for investing in national defense over the current fiscal year. Sen. Patty Murray , D-Wash., then questioned Hegseth's leadership.
The budget as passed prohibits funding from being used to expand U.S. Space Command (SPACECOM) headquarters in Colorado Springs, Colo. Specifically, Sec. 2889 in the defense budget will stop the ...