Trump Plans Record $1.01 Trillion National Security Budget
The Trump administration has sought to slash some spending at the Pentagon as part of Elon Musk’s cost-cutting efforts but says it wants a higher defense budget overall.
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President Donald Trump will request a record $1.01 trillion in national security spending for the fiscal year beginning Oct. 1, more than 13% over the current year’s figure, according to administration officials familiar with the matter.
The defense budget will fund the Golden Dome missile defense project, shipbuilding and nuclear modernization, border security among its top priorities. It includes a 3.8% military pay raise.