US President Donald Trump has proposed a historic $1.01 trillion budget for national defense for fiscal year 2026, representing a 13% increase from the current year's $878.4 billion, according to a document released by the Office of Management and Budget (OMB) on Friday.
"For Defense spending, the President proposes an increase of 13 percent to $1.01 trillion for FY 2026," OMB director Russell Vought said in a letter to Senate Committee on Appropriations chair Susan Collins.
Trump also proposed to cut non-defense discretionary budget spending by $163 billion or 22.6%, according to the letter.
The defense budget request includes $113 billion in mandatory funding and emphasizes investments aimed at revitalizing the US defense industrial base, deterring potential Chinese aggression, and modernizing the US nuclear deterrent, the letter said.
Trump’s budget proposal supports US space dominance to strengthen US national security and strategic advantage, the letter added.
Donald Trump’s budget request for the fiscal year 2026 pauses most contributions to the United Nations and other international organizations, according to the document.
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The United States plans to increase military spending in the 2026 fiscal year up to $1.01 trillion, as follows from President Donald Trump’s fiscal year 2026 discretionary funding request released by the White House.
ReplyDeleteThus, the president proposes to increase defense spending by 13% to $1.01 trillion for FY 2026. According to the White House documents, "the Budget request for the Department of Defense builds on the President’s promise to achieve peace through strength by providing the resources to rebuild our military, re-establish deterrence." Among the priorities are "to deter Chinese aggression in the Indo-Pacific; and revitalize America’s defense industrial base.".