Tag

Defense Budget

All articles tagged with #defense budget

world11 hours ago•4 min saved

Ukraine hits €23B defense funding gap as Western aid lags

Ukraine faces a €23 billion hole in its defense budget this year after front-loading half-year spending ahead of the EU’s €90 billion loan, which has been delayed by Hungary. Kyiv says it needs €6.8–€8.5 billion early in 2027 to pay for weapons and supplies, plus about €17 billion more for military salaries and families of the fallen, while the EU has disbursed €6.1 billion in new defense procurement—far short of needs. Domestic reform delays and political hurdles are slowing disbursement, even as leaders gather in Kyiv to pledge ongoing support for Ukraine’s defense and independence.

via politico.eu|

#coalition-of-the-willing #defense-budget #eu-funding

military-and-defense4 days ago•12 min saved

Taiwan approves record defense budget to deter China in 2027

Taiwan's cabinet approved a record NT$1.12 trillion ($35.1 billion) defense budget for 2027, totaling about 3.01% of GDP and funded from central and special budgets; the plan, which includes NT$10,000 cash handouts to residents, reflects Lai Ching-te's push to boost military spending toward a 3% GDP target, though it still requires passage by a legislature amid ongoing elections.

via Yahoo Finance|

#china #defense-budget #gdp

politics12 days ago•2 min saved

Republicans Blast Pentagon Over Excluding Democrats From Defense Budget Briefings

Republican senators accuse the Pentagon of excluding Democrats from closed, classified briefings on the defense budget, warning that Pete Hegseth’s approach could jeopardize passage of Trump’s $1.5 trillion military package as Democrats threaten to boycott funding bills; lawmakers from both parties urge bipartisan engagement.

via The Guardian|

#capitol-hill #defense-budget #democrats

politics12 days ago•6 min saved

Partisan Pentagon Briefings Threaten Bipartisan Buy-In for $1.5T Defense Plan

Defense Secretary Pete Hegseth has steered closed-door briefings that exclude Democrats to push President Trump’s record $1.5 trillion defense budget, prompting Republican concern that the approach risks alienating Democrats and derailing funding unless bipartisan support is secured; even with reconciliation options, Democratic opposition remains a major hurdle.

via Politico|

#bipartisan #defense-budget #democrats

politics15 days ago•8 min saved

GOP Rift Halts Trump-Backed $1.5T Defense Push

Republican lawmakers remain divided over Defense Secretary Pete Hegseth’s bid for a $1.5 trillion defense budget, with doubts about using reconciliation to bypass Democrats and concerns about political risk ahead of the midterms; despite Trump’s support, there is no clear path forward as lawmakers seek more information and guard against overreach.

via Politico|

#defense-budget #gop #midterms

defense19 days ago•206 min saved

Trump-class battleships could cost a staggering $275B, sparking shipyard capacity concerns

The Congressional Budget Office says the Navy’s plan to build 15 nuclear-powered “Trump-class” battleships would cost about $275 billion, with initial ships around $23.4 billion and later ones near $18 billion each, pushing up the service’s procurement budget and highlighting potential capacity, delay, and strategic questions about spending that much on a single, heavily armed platform amid growing drone and missile capabilities.

via cnn.com|

#cbo-report #defense #defense-budget

politics1 month ago•6 min saved

Hegseth’s Iran War Budget Math Fails the Numbers Test

Salon argues that Pete Hegseth inflates Iran-war costs and seeks a near-$1.5 trillion Pentagon budget, contrasting his $37.5 billion figure with internal estimates of $80–$100 billion, while noting GOP pursuit of supplemental funding via reconciliation and highlighting alleged conflicts of interest involving Trump allies profiting from defense contracts.

via Salon.com|

#defense-budget #defense-contractors #iran-war

world1 month ago•3 min saved

House curbs Trump’s Iran war powers as tensions flare

Four Republicans joined Democrats in the House to pass a concurrent resolution limiting President Trump’s power to wage war on Iran, 214-208, about a week after Iran’s attack killed three U.S. troops at a base in Jordan. A Senate vote on a similar measure failed 47-49, underscoring the largely symbolic nature of the move since presidents can veto and a joint resolution would require a two-thirds override. Democrats say it reasserts Congress’s war powers amid renewed U.S.–Iran hostilities following a ceasefire breakdown. The backdrop includes ongoing U.S.–Iran attacks and a separate $1.15 trillion defense bill approved by the House that funds the war and expands Israel cooperation; the Senate has yet to act.

via Al Jazeera|

#congress #defense-budget #iran

defense1 month ago•3 min saved

House OKs $1.15T Defense Bill in Narrow, Partisan Vote

The House narrowly approved its fiscal 2027 National Defense Authorization Act, a roughly $1.15 trillion Pentagon budget, by a 216-212 vote with a handful of cross-party votes. The package would authorize a 5%–7% troop pay raise, grow the active-duty force, and include a provision to rename nine southern bases back to their pre-Confederate names, along with a plan to rename the Department of Defense as the Department of War. It comes amid partisan dispute over the Iran conflict and U.S. debt, with opponents criticizing the cost and supporters arguing the NDAA is essential must-pass legislation. The bill still faces negotiation with the Senate and the White House before becoming law. Reuters contributed to the report.

via Military Times|

#defense #defense-budget #iran-war

world1 month ago•6 min saved

Pentagon seeks nearly $70B more for Iran war as stockpiles dwindle

US Defense Secretary Pete Hegseth told the Senate Appropriations Committee the Iran war has cost about $37.5 billion so far and that roughly $67 billion more is needed to sustain operations, nearly doubling the current funding; the White House had previously sought about $87.6 billion for 2026–27. Stockpiles of key munitions—Patriots, THAADs, SM-3s, and PrSMs—are at or below 50% of prewar levels, prompting replenishment, procurement, and maintenance costs. The conflict has produced casualties, sent oil prices higher, and contributed to inflation and rising interest rates, with the 2027 defense budget poised to set a new spending record if approved.

via Al Jazeera|

#congress #defense-budget #iran

politics1 month ago•15 min saved

Iran War Funding Faces Senate Skepticism as Hegseth Testifies

Defense Secretary Pete Hegseth and Gen. Dan Caine urged lawmakers to approve a $67 billion Iran-war funding package to replenish stockpiles, support training, and advance military innovation, but Democrats pressed for a clearer rationale behind backing a conflict they don’t support, noting $75 billion in unspent reconciliation funds and demanding spending controls as a stopgap funding bill advances.

via The Hill|

#congress #defense-budget #funding

politics1 month ago•3 min saved

Hegseth cites $37.5B Iran war cost as US seeks $1.5T defense budget

US defense chief Pete Hegseth says the Iran war has cost about $37.5 billion to date as he and Joint Chiefs Chair Dan Caine push for a $1.5 trillion defense budget, including roughly $70 billion for the Iran conflict; Moody’s Analytics estimates domestic costs could reach $150 billion, while critics question funding amid ongoing strikes and a collapsed MoU.

via Al Jazeera|

#defense-budget #iran #military-conflict

world1 month ago•26 min saved

Pentagon hikes Iran war cost to $37.5B as lawmakers weigh billions more

During a Senate Appropriations hearing, Defense Secretary Pete Hegseth said the Iran war has cost about $37.5 billion so far and that the Pentagon expects the total to rise as it seeks billions more in supplemental funding. Gen. Dan Caine stressed weighing risks and the human toll, including upcoming dignified transfers at Dover, while lawmakers clashed over the war’s justification and strategy amid ongoing strikes, Strait of Hormuz activities, and regional tensions surrounding Iran.

via CNN|

#defense-budget #dignified-transfer #funding

politics1 month ago•25 min saved

Defence chief presses for Iran-war funding as costs mount

At a Senate Appropriations hearing, Defense Secretary Pete Hegseth defends an $87.6 billion DoD funding request tied to the Iran war, arguing it’s needed to sustain deterrence and training, while Democrats critique the cost and process; the war has cost about $37.5 billion so far, and with funding offsets disputed and Congress in recess, passage is unlikely before September.

via BBC|

#defense-budget #iran-war #national-security

politics1 month ago•3 min saved

Senate Democrats stall defense bill over Iran war push and Israel integration

Democrats blocked opening debate on the National Defense Authorization Act, voting 50-46, objecting to President Trump’s escalation of the war on Iran and to provisions that would deepen US military and intelligence ties with Israel, including defense-tech coordination and data fusion. The $1.15 trillion bill stalled amid concerns about executive war powers and rising Pentagon spending, with civil-liberties groups urging amendments before advancing.

via Al Jazeera|

#defense-budget #iran-war #israel