Trump Plans To Ask For $716 Billion For National Defense In 2019 – A Major Increase

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President Donald Trump is expected to ask for $716 billion in defense spending when he unveils his 2019 budget next month, a major increase that signals a shift away from concerns about rising deficits, U.S. officials said.

The proposed budget is a victory for Defense Secretary Jim Mattis, who recently unveiled a strategy that proposes retooling the military to deter and, if necessary, fight a potential conflict with major powers such as China and Russia.

The $716 billion figure for 2019 would cover the Pentagon’s annual budget as well as spending on ongoing wars and the maintenance of the U.S. nuclear arsenal. It would increase Pentagon spending by more than 7 percent over the 2018 budget, which still has not passed through Congress.

The proposed budget would be a 13 percent increase over 2017, when the United States spent about $634 billion on defense. In the absence of a budget, spending continues at 2017 levels.

(c) 2018, The Washington Post · Greg Jaffe, Damian Paletta 

{Matzav.com}


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