Trump proposes massive increase in 2027 defense spending to $1.5T, citing ‘dangerous times’

Trump proposes massive increase in 2027 defense spending to $1.5T, citing ‘dangerous times’


But it’s not enough to cover the various promises made by Trump, who has said the tariffs can also cover dividends to taxpayers, pay down the national debt and, now, cover increased spending on the military. The threat came as the president issued an executive order calling on the Pentagon to begin a review to spot defense contractors who are underperforming on fulfilling contracts and insufficiently investing in building manufacturing but are still engaging in stock buybacks or distributing dividends to shareholders. The company is responsible for making some of the military’s most widely used and notable missiles, including the Tomahawk cruise missile, the shoulder-launched Javelin and Stinger missiles, and the Sidewinder air-to-air missile.

Author: Associated Press


Published at: 2026-01-07 21:49:47

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