Defense Spending & Budget News - Page 2

Trump demands compensation from Iranian regime

August 10, 2026

Trump demands compensation from Iranian regime

Fox News chief Washington correspondent Mike Emanuel reports on President Donald Trump’s demand for compensation from the Iranian regime and Secretary of War Pete Hegseth’s push for Congress to increase the Pentagon budget on ‘Special Report.’

Taiwan prepares for potential war with China as US considers $14B arms sale

August 9, 2026

Taiwan prepares for potential war with China as US considers $14B arms sale

Rep. John McGuire, R-Va., discusses the strategic importance of deterring Chinese aggression as Taiwan conducts large-scale military and civilian defense drills on ‘Fox News Live.’

Trump pumps brakes on Senate budget plan, delaying GOP SAVE America push

August 8, 2026

Trump pumps brakes on Senate budget plan, delaying GOP SAVE America push

Senate Republicans left D.C. without passing the SAVE America Act as Trump intervened on the budget reconciliation vote over concerns it would fail.

AMB GORDON SONDLAND: America's aid to Israel isn't charity — it's a bargain for US security

August 5, 2026

AMB GORDON SONDLAND: America's aid to Israel isn't charity — it's a bargain for US security

A former U.S. ambassador argues the $3.8 billion in annual security assistance to Israel yields unmatched returns in intelligence and missile defense.

More than half of some US weapons stockpiles used in Iran war, raising concerns about China threat

August 4, 2026

More than half of some US weapons stockpiles used in Iran war, raising concerns about China threat

CSIS warns depleted U.S. weapons stockpiles from the Iran war could embolden China as President Xi watches munitions levels amid Taiwan tensions.

War powers resolution fails as Senate Republicans stand by Trump on Iran

July 30, 2026

War powers resolution fails as Senate Republicans stand by Trump on Iran

Senate Republicans blocked another war powers resolution as munitions dwindle and Sen. Bill Cassidy draws a hard line on ground troops in Iran.

US Navy plans major torpedo stockpile overhaul as military shifts to two-war strategy

July 30, 2026

US Navy plans major torpedo stockpile overhaul as military shifts to two-war strategy

The Navy's torpedo overhaul targets MK-48 and MK-54 production as lawmakers push a two-war strategy amid depleted missile stockpiles from the Iran war.

Golden Dome could leave US vulnerable to drone attacks without Israeli systems

July 28, 2026

Golden Dome could leave US vulnerable to drone attacks without Israeli systems

A new report warns Golden Dome's focus on space-based missile defense could leave U.S. cities vulnerable to drone attacks over the homeland.

Defense industry leaders align with Trump admin plans in closed-door strategy session on defense spending

July 23, 2026

Defense industry leaders align with Trump admin plans in closed-door strategy session on defense spending

Susie Wiles and leaders from Raytheon, Lockheed Martin, Northrop Grumman and Palantir aligned on $73 billion in Pentagon and intelligence funding.

Chaos erupts as House passes $1.15T defense bill with Israel provision: 'Stop stoking Jew hatred'

July 22, 2026

Chaos erupts as House passes $1.15T defense bill with Israel provision: 'Stop stoking Jew hatred'

A bipartisan coalition fought Section 219's U.S.-Israel defense cooperation provision, but the $1.15 trillion NDAA still cleared the House Wednesday.