The 2026 military budget is set at $901 billion.
World
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Moneycontrol08-01-2026, 03:29

Trump Proposes Massive $1.5 Trillion Defense Budget for 2027 Amid 'Dangerous Times'

  • Donald Trump proposed a $1.5 trillion defense budget for 2027, a significant jump from the $901 billion set for 2026.
  • The proposal is justified by "troubled and dangerous times" and follows recent aggressive foreign policy stances.
  • Recent actions include ordering a U.S. military operation against Venezuelan leader Nicolás Maduro and massing forces in the Caribbean Sea.
  • Trump also expressed interest in taking over Greenland for national security and suggested potential military operations in Colombia.
  • He cited increased revenue from tariffs imposed by his administration as enabling the funding for a "Dream Military" to ensure safety.

Why It Matters: Trump seeks a massive defense budget hike for 2027, citing global threats and tariff-driven revenue.

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