of bUDGET document of President Donald Trump The White House is set to issue Friday calls for $1.5 trillion military spending for the next fiscal year, an unprecedented amount that — if approved by Congress — would add nearly 7 trillion dollars to the US national debt over the next decade.
of Wall Street The magazine’s editorial board, which got an early look at the president’s budget for fiscal year 2027, reported that the plan includes approximately $1.15 trillion in the base the US military expenses as well as 350 billion dollars of additional financing “that The Republicans may pass on a party-line budget reconciliation bill.”
The paper does not specify the purpose of the proposed additional funding, but The Pentagon has asked Congress for at least $200 billion for the war in Iran.
The budget, which would increase total US military spending by more than 40% compared to the current fiscal year, also reportedly calls for investment in Trump’s so-called Golden Dome missile defense system, a project that critics have mocked as a fraud.
Earlier this week, Trump suggested the US federal government cannot afford to fund child care and other domestic social programs because it is “fighting wars.”
“Whatever means the administration chooses to promote this massive increase, it will double down on a failed budget and national security strategy,” wrote William Hartung, a senior fellow at the Quincy Institute for Responsible Statecraft. ANALYSIS budget proposal before its official publication.
“If passed as requested, $1.5 trillion in Pentagon spending — in a single year — will make America weaker by underwriting a flawed strategy, funding outdated weapons programs and impeding other essential public investments,” Hartung argued.
“The Pentagon doesn’t need more spending, it needs more spending discipline. Spending billions of dollars on a Golden Dome system that can never achieve the president’s dream of a leak-proof missile defense system is a complete waste, as is continuing to lavish funds on overpriced, underperforming fighter jets like the modern F-35 or multi-dollar high-speed rocket”.
“The truth is that there are not enough factories, or capable ones workeror materials to effectively spend such a large increase,” he added. “It will be a recipe for waste, fraud and abuse.”
In anticipation of the White House’s proposal, a broad coalition of about 300 advocacy organizations sent a paper members of Congress on Thursday urging them to reject Trump’s request and any other proposed budget increases for the Pentagon, which recently failed his eighth consecutive audit.
“We should be investing in critical human needs programs in our communities. Instead, we have cut those programs massively,” the groups wrote, pointing to the census Medicaid and the food aid cuts that Trump and congressional Republicans passed last year.
“The Pentagon is irresponsible to American taxpayers, having never passed an audit, while more than half of its budget (54%) is paid to corporate military contractors whose profits are soaring. Further giant increases would be wildly irresponsible,” the groups continued.
“Funding an unaccountable Pentagon by more than $1 trillion while underfunding human needs programs undermines our security by preventing us from investing in the shared prosperity that comes from more housing, health care, climate and public health protections, ending hunger and providing quality public education.”
Originally published by Shared dreamsthis article is republished under a Creative Commons license.
