Trump has proposed a massive $1.5 trillion defense budget for fiscal year 2027

“Trump has proposed a massive $1.5 trillion defense budget for fiscal year 2027, significantly increasing military spending compared to previous years [44-percent increase from the 2026 enacted level.] The plan includes pay raises for troops, funding for a missile defense system known as the “Golden Dome,” and replenishment of critical munitions amid ongoing conflict. At ...