Defense Spending & Budget News - Page 3

May 28, 2026

Billionaire Bezos suggests no taxes for half the nation. Is that crazy or overdue?

Billionaire Jeff Bezos proposes eliminating federal income tax for the bottom half of earners, sparking a fierce debate about fairness and spending.

May 26, 2026

Trump pushed NATO to spend big — now comes the harder question: Can Europe actually fight?

NATO defense spending hits Cold War highs after pressure from Trump and Russia's war in Ukraine, but experts say real military capability still lags.

May 22, 2026

Army cuts helicopters, pushes ‘Amazon for war’ as drone combat reshapes military

Army leaders signal drone warfare lessons from Ukraine and the Middle East are driving cuts to Apache, Black Hawk and Chinook helicopter programs.

May 16, 2026

UK defense shortfalls highlighted as Britain avoids Iran offensive role amid Trump criticism

While Starmer opposed joining offensive action against Iran, reports suggest politics aside, Britain’s military may lack the capacity for a major combat role.

May 12, 2026

Pete Hegseth faces Congress over Pentagon's unprecedented $1.5 trillion budget as Democrats vow to block it

Pete Hegseth will face a high-stakes House hearing on the Pentagon's unprecedented $1.5 trillion request amid bipartisan concerns over the proposed budget and Iran War.

May 9, 2026

As Trump forces NATO to pay up, alliance races to close military gap with US

Trump pressures NATO allies to boost defense spending as experts describe a decades-long commitment gap between political promises and military capability.

April 30, 2026

Hegseth testifies at Senate as Iran war's $25B price tag and 60-day war powers deadline loom

Secretary of War Pete Hegseth testifies before the Senate on the Iran war and Pentagon budget as the War Powers Resolution deadline nears on Friday.

April 29, 2026

Vance pushes back on report of stockpile concerns as US races to boost missile production

JD Vance disputed a report on U.S. missile stockpile concerns as the Pentagon races to ramp up production after years of lagging output strained supplies.

April 28, 2026

Pentagon jumps from $225M to $55B on drones as cheap attacks overwhelm US defenses

The Pentagon seeks roughly $55 billion for drone and autonomous warfare programs in its fiscal year 2027 budget, a dramatic surge from $225 million.

April 23, 2026

US drains critical missile stockpiles in Iran war as yearslong rebuild looms

The U.S. may have burned through roughly half its Patriot missile stockpile during the Iran conflict, according to a new CSIS analysis of munitions use.