Budget

By the time the 2026 defense budget request arrived on Capitol Hill in June, Congress was closing in on passage of the One Big, Beautiful Bill Act, a massive tax-and-spending bill that included some $150 billion for defense. The budget reconciliation measure narrowly passed the ...
NATO appears to be getting serious about spending enough on defense to keep Russia and other threats at bay. In the June NATO summit at The Hague, Netherlands, members vaulted past the alliance’s longstanding goal—never quite achieved—of all members spending at least 2 percent of their ...