WORLD: Budget

June 18, 2026
Inside the $1.5T Budget Request By Greg Hadley, Matthew Cox, Steve Losey The Trump administration’s record-breaking $1.5 trillion defense budget request for fiscal 2027 would represent a $441 billion increase over the fiscal 2026 budget, a 44 percent jump that...
The heads of the House and Senate Armed Services committees have unveiled a plan for $150 billion in new defense spending, as part of a massive planned package meant to advance President Donald Trump’s agenda. The proposed bill would inject several billion dollars into major Air Force ...
On the eve of Election Day, the U.S. Senate is projected to swing ever so narrowly to the Republican party, while the race for the presidency has Donald Trump and Kamala Harris in a virtual tie, and control of the House of Representatives remains anyone's ...
A new law introduced by Congress would raise the pay rate 15 percent for junior enlisted troops and seek improvements on a range of quality of life issues, such as pay and compensation, child care, housing, health care access, and military spouse employment. 
Secretary of Defense Lloyd J. Austin III insisted he “never intended” to keep his hospitalization following complications from prostate cancer surgery a secret, amid grilling from lawmakers over his failure to notify the White House, lawmakers, and the public of his medical situation, despite having ...