The move could reduce defense spending projections by hundreds of billions of dollars over the next five years.
Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years ...
The Pentagon said on Wednesday it was directing military leaders to draw up a list of potential cuts totaling about $50 ...
Defense Secretary Peter Hegseth has ordered senior military and civilian Pentagon officials to cut 8% from the defense budget ...
On both sides of the political aisle, very few U.S. adults think the country is spending too much on Social Security and ...
Palantir stock fell more than 5% Thursday, adding to its 10% drop the prior day, following a report the Trump administration ...
Speaking from the White House on Thursday, Trump suggested the U.S. could cut its defense budget in half sometime in the ...
Hegseth, 44, demanded a proposal that would include annual 8% cuts to the Pentagon’s roughly $850 billion budget, according ...
If Defense Secretary Pete Hegseth is serious about reducing military spending, he will need to embrace a narrower ...