Carney pledges tax cuts, infrastructure, defense spending Plans to reduce deficit to 1.35% of GDP by 2028-29 Aims to increase ...

U.S. military branches are being told to find budget cuts to offset the proposed $50 billion increase in defense spending.

President Donald Trump is set to raise the Pentagon’s budget despite promises to slash government spending during his ...

President Donald Trump this week unveiled plans for a $1 trillion defense budget next year, a massive increase that he claimed will provide the country with unmatched military strength for years to ...

President says some of the funding to pay for the increase would come from savings under Elon Musk’s department ...

The U.S. signed a security treaty with Japan, which gives it the right to maintain a military presence there, protecting the ally. Japan also forms part of the First Island Chain, a U.S. containment ...

Defense Secretary Pete Hegseth said the cuts will bring the total number of cut spending to "nearly $6 billion." ...

Italy will likely be able to increase its defense spending to reach a NATO target of 2% of gross domestic product as early as ...

President Donald Trump cleared some of that uncertainty on Monday night, saying the government has "essentially approved a ...

There are still some areas of government spending that appear to be off limits to DOGE — and some agencies it hasn't touched.

U.S. military spending would reach a record high under President Donald Trump and Defense Secretary Pete Hegseth's $1 trillion budget proposal for 2026.

(Mark Schiefelbein/AP) President Donald Trump this week unveiled plans for a $1 trillion defense budget next year, a massive increase that he claimed will provide the country with unmatched ...