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Trump Unveils a Record Defense Budget of $1.5 Trillion, the Biggest in U.S. Modern History
ME News update, April 3 (UTC+8). On Friday, U.S. President Trump released an overview of the FY 2027 budget proposal, planning to request $1.5 trillion in defense spending. This figure is the highest in modern history. The preliminary plan did not disclose many key details, including the overall spending size and long-term fiscal revenue projections. Under this defense bill proposal, the next fiscal year will allocate $1.1 trillion to the U.S. Department of Defense, with an additional $350 billion for key munitions procurement, expansion of the defense industrial base, and other related matters. As early as January of this year—before the U.S. launched a large-scale strike against Iran—Trump had already pledged to submit a $1.5 trillion defense budget request. This budget also provides funding support for some new government initiatives, including a $30 million appropriation to support a newly established National Fraud Investigation Agency led by Vice President JD Vance, and setting aside $10 billion in mandatory funding to establish a Presidential Capital Management Program within the National Park Service for construction and beautification projects in Washington, D.C. (Source: ODAILY)