Economy and Finance
Trump Signs $82 Billion Spending Boost for Pentagon
The Pentagon doesn’t need more money, but until politicians from at least one party show a willingness to turn off the tap, there is no incentive for the Department of Defense to change its culture of waste and tradition of opacity.
President Donald Trump on Monday signed a military budget boosting the Pentagon’s spending by $82 billion in the next year—a spending increase that dwarfs the entire military budgets of most other nations on Earth. Russia, for example, will spend an estimated $61 billion on its military this year. Total.
With the increased spending included in this year’s National Defense Authorization Act (NDAA), the Pentagon will get to spend more than $700 billion next year. The budget hike was a priority for Trump and was approved by Congress as part of a March spending deal that saw spending on both defense and domestic programs hiked by about $165 billion—smashing through Obama-era spending caps.
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