Trump Sends Shockwave Through Defense Stocks, Says Military Spending Could Be Halved
President Donald Trump suggested Thursday that U.S. military spending could be cut in half. Shares of defense firms dropped on the news. Selling continued on Friday. “We’re going to spend a lot less money,
This year’s defense spending bill may call for examining military air shows’ effect on recruitment
A provision in this year's National Defense Authorization Act seems to have directed the Defense Department to analyze military air shows and recruitment.
Trump Floats Deal With Russia, China to Cut Defense Spending
President Donald Trump floated the idea of a three-way meeting with the leaders of Russia and China in which the countries would agree to cut defense spending in half.
Trump wants U.S., China and Russia to cut military spending in half
President Trump said Wednesday he's going to meet with Chinese President Xi Jinping and Russian President Vladimir Putin to discuss slicing all three countries' military budgets in half. The big picture: Trump is looking to convince the U.
Trump Suggests U.S. Could Cut Military Spending in Half Sending Defense Stocks Falling
Defense stocks declined sharply Thursday after former President Donald Trump suggested the U.S. could cut defense spending in half. Trump said he plans to meet with Chinese President Xi Jinping and Russian President Vladimir Putin to discuss reducing military budgets once global tensions ease.
Donald Trump proposes halving US, China & Russia military budgets
US President Donald Trump expressed his desire to hold talks with Russia and China to reduce military spending, with a potential summit involving leaders Vladimir Putin and Xi Jinping. Watch this report for more details!
Defense officials prep lists of military cuts ahead of DOGE arrival
Pentagon officials are reportedly offering up lists of weaponry that can be cut from military spending in preparation for ...
24/7 Wall St2d
The US Military Budget and the President Who Grew It by 39%
The US military budget is the largest in the world, more than most of the rest of the world combined, thanks to Bush, Trump, ...
DOGE gets mixed reviews from conservatives who have long wanted major budget cuts
Conservatives who have spent decades promoting deep cuts to government are giving mixed reviews to the Department of ...
Hartung, Murphy: Budget efficiencies should start with the Pentagon
Taxpayers for Common Sense and the Quincy Institute —along with the Stimson Center, have compiled a list of potential cuts ...
Federal layoffs start with huge number of probationary workers and warnings of bigger cuts on way
Federal layoffs are starting with huge numbers of probationary workers, and there are warnings of bigger cuts on the way.
Elon Musk Implausibly Claims 'Competence and Caring' Can Cut the Federal Budget Deficit in Half
Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...
House GOP releases budget calling for trillions in cuts to taxes and spending
The blueprint conflicts with a Senate budget resolution, which doesn't address taxes or the debt ceiling. It also includes ...
Where US adults think the government is spending too much, according to AP-NORC polling
Many U.S. adults believe the federal government is overspending. But polling also shows many Americans, including Republicans ...
DOGE aims to cut $2 trillion in federal spending. Where would you start?
Billionaire Elon Musk has said his Department of Government Efficiency will work to cut $2 trillion from the federal budget.
House GOP panel passes budget blueprint with $4.5 trillion in tax cuts and steep spending reductions
The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.
Republican Civil War Over Budget Ramps Up: 'It's a Fight'
Divisions within the Republican party over the federal budget are ramping up after a GOP representative accused members of ...