Tuesday, November 4, 2025

Latest

Trump Pledges Record $1 Trillion Defense Budget, Plans Pentagon Cuts

President Donald Trump promised a record-setting $1 trillion defense budget on Monday, a nearly 12% increase from current spending that would come alongside significant cuts to the Pentagon’s civilian workforce.

Trump made the announcement during a White House event with Israeli Prime Minister Benjamin Netanyahu, describing the proposed funding as “the biggest one we’ve ever done for the military.”

“We are very cost conscious, but the military is something that we have to build. And we have to be strong because you’ve got a lot of bad forces out there now,” Trump said.

Defense Secretary Pete Hegseth enthusiastically endorsed the plan on X, writing: “COMING SOON: the first TRILLION dollar @DeptofDefense budget. President @realDonaldTrump is rebuilding our military — and FAST.”

Hegseth added that all taxpayer dollars would be spent “wisely, on lethality and readiness.”

The proposed budget represents a substantial jump from the $892 billion Congress allocated for national defense programs this fiscal year. The Trump administration has yet to release its complete budget request for fiscal year 2026, which is not expected until later this spring.

The massive increase would coincide with Hegseth’s plans to slash “tens of thousands” of civilian Defense Department employees globally as part of a broader Pentagon consolidation effort, according to administration officials.

Republican lawmakers in Congress have previously proposed defense budget increases of up to $150 billion, though they’ve also called for offsetting cuts to non-defense programs to balance the federal budget.

Even with the increase, a $1 trillion military budget would still fall short of Trump’s stated goal of all NATO countries spending 5% of their gross domestic product on defense, military budget experts noted.

“Nobody’s seen anything like it,” Trump told reporters of the proposed funding level. “We have to build our military, and we’re very cost-conscious, but the military is something that we have to build. And we have to be strong because you’ve got a lot of bad forces out there now.”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

PMET Resources: Lithium Feasibility Study Sees Economics Tumble

Gold Is Not Rising. Confidence Is Collapsing | Todd “Bubba” Horwitz

IAMGOLD: The Quebec Buying Spree

Recommended

Altamira Gold Adds Second Drill Rig To Ongoing Exploration Program Targeting Gold Porphyry’s

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Related News

‘Time to Ban Insider Trading’: AOC Reacts to Market Spike, Trump Brags About His Insiders Making Millions

Representative Alexandria Ocasio-Cortez urged colleagues to immediately disclose recent stock purchases following dramatic market surges...

Friday, April 11, 2025, 02:17:00 PM

Trump Authorizes CIA Covert Operations in Venezuela

President Donald Trump authorized the CIA to carry out lethal covert operations in Venezuela and...

Thursday, October 16, 2025, 12:15:00 PM

Bankruptcy Cases Surge to Over 500,000, Highest Since 2010

US bankruptcy courts processed 542,529 cases during the year ending June 30, an 11.5% spike...

Thursday, August 21, 2025, 02:16:00 PM

BHP Considers Reopening US Copper Mines After Trump Meeting

BHP Group is weighing the reopening of four defunct copper mines in Arizona and reprocessing...

Wednesday, October 15, 2025, 10:43:58 AM

Trump Orders ‘Drone Dominance’ Days After Ukraine’s Operation Spiderweb Success

President Donald Trump signed executive orders Friday aimed at achieving “American drone dominance,” just days...

Monday, June 9, 2025, 02:17:00 PM