Reports

The White House requests $1.5 trillion for military spending in 2027

The White House said today that it will ask Congress to approve allocating $1.5 trillion for defense spending in fiscal year 2027, at a time when the United States and Israel continue the joint war on Iran.
The New York Times reported that this amount, if approved, would constitute the highest number allocated to military spending in history.
The order arrived Friday as part of President Donald Trump’s new budget, and will represent an approximate 40 percent increase over what the United States has spent on the Pentagon this fiscal year.
The administration said it would pair the proposed increase with a call for $73 billion in cuts across several internal agencies, including eliminating some climate, housing and education programs.
Together, these ideas could lead to a fiscal scheme that could add trillions of dollars to the growing federal debt over the next decade, if lawmakers turn the president’s vision into law.

Related Articles

Back to top button