Skip to content
Subscriber Only

Trump’s Defense Spending Hike Counts on a Reagan-Era Gimmick

  • ‘A fantasy,’ analyst says of finding enough waste to cut
  • Contractors, investors buoyed by prospect of more spending
Video player cover image

A First Look at Trump's Agenda

Defense contractors and investors are celebrating Donald Trump’s plan to boost weapons spending, but Pentagon budgeting experts say he’s counting on savings that won’t come true -- the old Washington saw of rooting out waste, fraud and abuse.

“It’s a fantasy,” Mackenzie Eaglen, a defense analyst with the conservative American Enterprise Institute who has briefed Trump’s advisers, said of the president-elect’s campaign pledge to finance a more robust military partly by slashing bureaucracy and duplication at the Pentagon.