Overview

• President Donald Trump has officially announced a $1 trillion military budget for fiscal year 2026, the largest in U.S. history.
• Defense Secretary Pete Hegseth pledged to allocate the funds toward military lethality and readiness, emphasizing cost-efficiency in spending.
• The proposed budget represents a 12% increase from the current $892 billion, highlighting a sharp shift in the administration’s fiscal strategy.
• Critics argue the increase could neglect non-military tools, exacerbate fiscal imbalances, and heighten risks of global arms races.
• The announcement comes as Elon Musk-led DOGE continues to enforce significant cuts across other federal agencies, sparking debate over the administration's budgetary priorities.