The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

Politics

Trump, Hegseth reveal whopping figure they want for the next Pentagon budget

by admin April 9, 2025
April 9, 2025
Trump, Hegseth reveal whopping figure they want for the next Pentagon budget

President Donald Trump and Defense Secretary Pete Hegseth vowed to hike the Pentagon budget to over $1 trillion for the first time ever. 

Speaking to reporters alongside Israeli Prime Minister Benjamin Netanyahu, Trump said the upcoming budget would be ‘in the vicinity’ of $1 trillion, a major boost from this year’s $850 billion budget. 

‘COMING SOON: the first TRILLION dollar @DeptofDefense budget,’ Hegseth posted on X. 

He said Trump is ‘is rebuilding our military – and FAST.’

The budget for all national security programs, including the Department of Defense, nuclear weapons development and other security agencies, is at $892 billion for this year. 

Moving to a $1 trillion Pentagon budget would be a 12% increase over current levels. 

But the $1 trillion budget idea comes just as the Pentagon has moved to cut 8% each year for five years from each program to reinvest in modernization. The department is also planning to slash tens of thousands from its civilian workforce and consolidate bases across the world. 

‘We’re going to be approving a budget, and I’m proud to say, actually, the biggest one we’ve ever done for the military,’ he said. ‘$1 trillion. Nobody has seen anything like it.

‘We are getting a very, very powerful military. We have things under order now.’

White House officials are expected to unveil their budget proposal for fiscal year 2026 later this spring before Congress hashes out the appropriations process. 

Even a $1 trillion budget would not put the U.S. at Trump’s stated target for NATO countries to spend on defense: 5%. 

But the president said the cash influx would be used to kickstart production on new equipment and technologies. 

‘We’ve never had the kind of aircraft, the kind of missiles, anything that we have ordered,’ he said. ‘And it’s in many ways too bad that we have to do it because, hopefully, we’re not going to have to use it.’

The Trump administration recently unveiled a Boeing contract for the Air Force’s sixth-generation fighter jet, the F-47, which the service branch expects to cost around $20 billion from 2025 to 2029. 

‘We know every other plane,’ Trump said. ‘I’ve seen every one of them and it’s not even close. This is a next level.’

An announcement on the Navy’s next-generation fighter jet, F/A-XX, has been stalled, while chief of naval operations Adm. James Kirby told reporters Monday work on the new jet’s contract was taking place at ‘secretary-level and above.’ 

This post appeared first on FOX NEWS

previous post
US, Panama ‘taking back’ canal from ‘China’s influence,’ says Hegseth
next post
‘Many failures’: Whistleblower exposes how fired Biden-era official was soft on China, prioritized DEI

Related Posts

White House celebrates ‘Star Wars Day’ with AI...

May 5, 2025

Mexican president signals possible lawsuit against Google over...

February 14, 2025

Mike Johnson calls off Israel trip amid Iran...

June 17, 2025

Marco Rubio heading to Panama on first trip...

January 23, 2025

Senate advances Trump’s pick to lead the US...

January 30, 2025

Top Trump ally predicts Senate will blow past...

June 20, 2025

Trump’s Gaza ‘takeover’ rankles America First conservatives, allies...

February 7, 2025

EPA administrator Zeldin demands return of $20B in...

February 13, 2025

Trump signs order to declassify files on JFK,...

January 24, 2025

UAE’s president bestows highest civilian honor on Trump

May 16, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Rare Earths Reserves: Top 8 Countries

      February 5, 2025
    • 3

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 4

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 7

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thegreatassets.com | All Rights Reserved