budget

Trump’s Proposed Budget Includes Whopping $54 Billion Increase In Defense Spending

President Donald Trump smiles while speaking to a meeting of the National Governors Association, Monday, Feb. 27, 2017, at the White House in Washington. (AP/Evan Vucci)
WASHINGTON (REPORT) — The White House says President Donald Trump’s upcoming budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid. The result is that Trump’s initial budget wouldn’t dent budget deficits projected to run about $500 billion.