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

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Secures Two Additional Exploration Licenses For Flagship Project

First Majestic Posts Record Quarterly Silver Production In Q3

Related News

Electra Secures Game-Changing Department of Defense Contract

In this interview, Trent Mell, CEO of Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM),...

Wednesday, August 28, 2024, 02:57:00 PM

US To Require Canadians To Register Stays Beyond 30 Days

Trump administration officials will implement a new rule requiring Canadians who stay in the United...

Wednesday, March 12, 2025, 02:12:00 PM

Trump’s Demand for ‘Preemptive Cuts’ Triggers Market Slide

President Donald Trump intensified his criticism of Federal Reserve Chairman Jerome Powell on Monday, demanding...

Tuesday, April 22, 2025, 07:39:48 AM

CDC ‘Being Ripped Apart,’ Trump Says in First Response

President Donald Trump demanded Monday that drug manufacturers publicly prove their COVID-19 vaccines are effective,...

Tuesday, September 2, 2025, 02:57:00 PM

Trump Admin OKs US Steel Buyout With “Golden Share” For White House’s Perpetual Veto

In another challenge to the line between government and private interests, the Trump administration has...

Monday, June 16, 2025, 10:57:00 AM