President Donald Trump is proposing a 13 percent increase in defense spending for fiscal 2026, pushing the budget plan over $1 trillion for the first time ever, according to a budget document obtained by Air & Space Forces Magazine.
“The budget increases Defense spending by 13 percent, and prioritizes investments to: strengthen the safety, security, and sovereignty of the homeland; deter Chinese aggression in the Indo-Pacific; and revitalize America’s defense industrial base,” the document outlining a “skinny version” of the President’s Budget Request states.
The 13 percent increase would take the Pentagon’s 2026 budget to $1.01 trillion, based on the $893 billion fiscal 2025 budget approved under a full-year continuing resolution in March. The document does not specify a 2026 budget number, however.
Both Trump and Defense Secretary Pete Hegseth have pledged repeatedly to take the budget over $1 trillion. Bloomberg News first reported the $1.01 trillion figure.
More details on the budget are expected later this month. The so-called skinny budget outlined in the budget memo emphasizes investment in Trump administration priorities, including the Golden Dome missile defense initiative, shipbuilding and munitions production, and countering China in the Pacific.
Republicans recently unveiled a $150 billion reconciliation package intended to supplement the 2025 budget, identifying many of the same priorities. If passed, it could boost defense outlays above $1 trillion in 2025.
The government’s fiscal year runs October 1 through September 30, but Congress has rarely passed budgets in time for the start of a fiscal year in recent decades. When that happens, Congress must first pass a continuing resolution to keep the government running; those bills typically freeze spending at the prior year’s level and prevent new programs from starting.
The president’s budget request is a proposal. Because Congress has the power of the purse, lawmakers can add or subtract from the proposal before passing it.
A $1 trillion defense budget was once seen as unimaginable, but inflation over time has made it more and more likely. The Biden administration had projected spending trillion-dollar defense budgets by the end of the decade, but the one-year increase of 13 percent accelerates that by several years.
Assuming the detailed budget mirrors the proposed reconciliation package, the military branch that stands to benefit the most will be the Navy, which has long articulated an argument for increased shipbuilding. Although far smaller, the Space Force would also likely gain significantly in percentage terms.