Defense Spending & Budget News - Page 4

April 17, 2026

Air Force is 'smallest,' 'least ready' in history, National Guard leaders warn Congress in fighter jet plea

Air National Guard generals request between 72 and 100 new fighter jets, warning the Air Force faces its worst readiness in its 78-year history.

April 10, 2026

Navy scraps Biden-era submarine contract as overhaul costs surge toward $3B

The Navy is canceling the troubled USS Boise submarine overhaul after costs neared $3 billion, redirecting resources to newer Virginia-class submarines.

April 4, 2026

Trump unveils $1.5T defense surge, deep domestic cuts — what’s on the budget chopping block

The White House proposes a fiscal year 2027 budget with roughly $1.5 trillion in defense spending and sweeping cuts to key domestic programs.

March 19, 2026

Pentagon seeks at least $200B from Congress for Iran war

The Pentagon is preparing a funding request for roughly $200 billion to sustain Iran war operations, replenish depleted munitions and support continued military action.

March 16, 2026

Democratic congressman lashes out at aviation analyst over 'stupid' DHS shutdown comments

Rep. Adam Smith responded after former DOT Inspector General Mary Schiavo sharply criticized Congress over the TSA funding dispute tied to the federal spending standoff.

March 13, 2026

Iran conflict could be push GOP needs for 2nd 'big, beautiful bill'

Senior GOP lawmakers tell Fox News Digital that a reconciliation bill may be the only way to bolster defense spending and modernize the military amid rising threats from Iran.

March 10, 2026

White House confronts oil surge as Operation Epic Fury continues

Fox News senior White House correspondent Jacqui Heinrich reports on rising oil prices, tension in the Strait of Hormuz and more on ‘Special Report.’

March 9, 2026

Congress weighs new funding for Trump's Iran strikes as war costs rise and Democrats cry foul

GOP leaders signal they may seek additional funding for President Donald Trump’s military operation in Iran, with lawmakers warning the price tag could be “very robust."

March 6, 2026

Does President Trump hold the power to end Operation Epic Fury?

Fox News senior White House correspondent Peter Doocy reports on President Donald Trump’s meeting with defense contractors and potential for gas price relief as Operation Epic Fury progresses on ‘Special Report.’

March 3, 2026

The Hitchhiker's Guide to Congress' options on hamstringing Trump's war powers in Iran

The Senate is set to vote on a war powers resolution as Congress challenges presidential authority over Iran military action amid growing constitutional tension.