WASHINGTON, United States (US): US President, Donald Trump, plans a major increase in military spending, according to a draft budget published by the White House on Friday, reported German Press Agency (dpa).
Funding is set to soar to a record-breaking USD1.5 trillion (RM6.9 trillion) in the 2027 budget, local media reported.
For the current financial year 2026, around USD1 trillion (RM3.92 trillion) is allocated for defence.
The government’s budget plan is submitted to Congress, serving as a kind of roadmap and setting out the administration’s priorities.
Congress then decides on a series of budget bills, which the president must sign for them to enter force.
Trump announced at the start of the year that he planned a significant increase in defence spending. – BERNAMA-dpa
