close
close

Trump reveals 2026 budget proposal and calls for cuts in the amount of $ 163 billion in the event of non-defense issues: live updates

The new Pentagon budget would increase the proportion of gross domestic product of 22 trillion US dollars for the military.Credit…Kenny Holston/The New York Times

The proposal to increase US military expenses in the 2026 financial year to $ 1.01 trillion.

The Stockholm International Peace Research Institute, a Swedish group that has documented arms sales and global transmission since it was founded in 1966, said that over 100 countries increased their military spending last year.

“Since governments are increasingly prioritizing military security, the economic and social compromises in a report on Monday, a researcher at the institute, could often have a significant impact on the companies in the coming years at the expense of other household areas,” wrote Xiao Liang.

A defense area, the financing of which is completely reduced, is the participation in UN peace missions.

According to the World Bank, the new Pentagon budget would increase the proportion of gross domestic product issued for the military for the military in the amount of US dollars.

In 2024, the United States provided more money for defense than any other nation – an amount of 37 percent of all global military spending in 2024, the USA.

Leave a Comment