He then cited the $6.8 trillion in the 2024 federal budget and had a pie chart showing defense spending made up 47% of the $1.8 trillion in discretionary spending, with every other department in ...

China spent more on defense than the rest of Asia combined last year as President Xi Jinping progressed toward his goal of building a military to rival the United States. A Newsweek chart ...

As Congress belatedly works to finalize the budget for fiscal 2025, some lawmakers are pushing to dramatically increase Pentagon spending, claiming that we need a “generational investment” to ...

Defense Secretary Pete Hegseth has directed the Pentagon to come up with plans to cut 8% from the defense budget in each of the next five years, according to sources familiar with his plans.

WASHINGTON, Feb 11 (Reuters) - U.S. Defense Secretary Pete Hegseth said on Tuesday he wanted to increase overall U.S. defense spending and played down concerns over a pending audit by Elon Musk ...

Pentagon leaders plan to roll out their recommended cuts to military spending alongside their budget request for fiscal 2026, the Defense Department indicated in a newly released letter to Congress.