Trump is calling for a major increase in defense spending alongside cuts in domestic spending

President Trump requested $1.5 trillion in defense spending in his budget submission — the largest such request in decades. The sizable increase is a major fiscal tilt toward defense that could boost defense contractors and discretionary spending pressures while shaping congressional budget negotiations.

Analysis

President Trump requested $1.5 trillion in defense spending in his budget submission — the largest such request in decades. The sizable increase is a major fiscal tilt toward defense that could boost defense contractors and discretionary spending pressures while shaping congressional budget negotiations.