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Trump Seeks $1.5T Military Budget, Cuts $73B from Social Programs

By Asia Times · Summarized & edited by · 2026-05-27
Trump Seeks $1.5T Military Budget, Cuts $73B from Social Programs

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Why it matters: A $1.5 trillion defense budget would push U.S. military spending to 4.5% of GDP and could add nearly $7 trillion to the national debt within ten years, while entrenching reliance on a poorly audited Pentagon and a concentrated defense industry that prioritizes profits over innovation—shifting resources from social programs and diplomacy at a time of fiscal and strategic strain.

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