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04/04/26 11:49 AM

#321 RE: gfp927z #320

>>> Trump's 2027 budget asks Congress for $1.5 trillion in defense spending

CBS

by Kathryn Watson

4-3-26


https://www.msn.com/en-us/news/politics/trumps-2027-budget-asks-congress-for-15-trillion-in-defense-spending/ar-AA205kcZ?ocid=BingNewsSerp


Washington — President Trump's budget proposal for fiscal year 2027 asks Congress for $1.5 trillion in defense spending — a 42% increase — while cutting nondefense spending by $73 billion, or 10%.

The White House released the 92-page budget request on Friday, accompanied by several summaries of the administration's key priorities across the executive branch.

The proposed increase for the military comes as the U.S. is spending billions of dollars for the war in Iran, and the White House is preparing to ask Congress for a supplemental spending package to cover the cost of the conflict. The president's 2027 budget serves as the starting point for negotiations with Congress over annual spending bills that lawmakers aim to finalize later in the year. The spending levels that Congress ultimately sets can substantially differ from the president's proposal.

"This amount exceeds even the [Ronald] Reagan buildup by approaching the historic increases just prior to World War II, a level that recognizes the current global threat environment and restores the readiness and lethality of our forces," a White House summary of the military portion of the budget proposal states. The increase in defense spending would cover a 5 to 7% pay raise for troops, provide $65.8 billion for new ships and resupply critical munition stocks, which have been depleted in the war with Iran. It also supports the building of a "Golden Dome," a space-based system of missile defense sensors and interceptors.

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