White House Plans to Increase Defense Spending to $1.5 Trillion, Cuts Funding for Domestic Programs
The White House is planning to boost U.S. weapons production and expand the military's fleet of ships, planes, and drones, which will necessitate a significant initial investment, according to President Donald Trump's budget director. The proposed increase in defense spending to nearly $1.5 trillion in the upcoming budget year, up from almost $1 trillion this year, will be accompanied by reductions in funding for health research, heating assistance, and various other domestic programs by approximately 10% overall. Mandatory spending programs like Social Security and Medicare will not be affected.