Donald Trump is set to ask US lawmakers for $1.5tn in defence spending, an increase of more than 50 per cent on the current year’s record budget of $901bn.
The dramatic increase would enable the US to build a “dream military” and would be paid for by tariffs, the president said on Wednesday in a post on social media.
“I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not be $1 Trillion Dollars, but rather $1.5 Trillion Dollars,” Trump wrote.
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