Budget

WORLD: Congress

July 24, 2026
Department of War? Closer to Official Name Change. Three of four congressional committees with influence over defense policy have voted to change the official name of the Department of Defense to the Department of War—but final approval of the Pentagon...

WORLD: Budget

July 24, 2026
House Unveils $60B Reconciliation Bill By Greg Hadley House lawmakers unveiled a new funding bill July 15 that provides $60 billion for defense—$290 billion less than what the President’s budget requested. The bill leaves President Trump’s plans for a $1.5...
On Jan. 7, President Donald Trump declared in a social media post he would propose a $1.5 trillion defense budget for fiscal 2027, a record-breaking figure that called to mind the Reagan buildup of the 1980s. Nearly eight months later, experts and Congress watchers agree ...
House lawmakers unveiled a new reconciliation package July 15 with $60 billion for defense, $290 billion less than the Pentagon has been seeking, a day after a Senate vote to advance the annual defense policy bill failed—developments that show the perilous state of the Pentagon’s ...
Since U.S. Air Force Gen. Alexus G. Grynkewich became NATO’s top military officer in July 2025, the alliance has contended with Russian drone incursions and hybrid warfare against its members and Moscow’s continued aggression in Ukraine. Now the Supreme Allied Commander Europe, a career fighter ...
The Pentagon’s cost estimate for its operations against Iran has risen to $30 billion, the director of the Office of Management and Budget told Congress on June 30, as he offered almost no new details on the White House’s supplemental funding request that includes $67.1 billion for the Department ...