(Worthy News) – U.S. President Donald Trump has backed plans to request $750 billion from Congress for defense spending next year, a U.S. official said on Sunday, signaling a Pentagon spending hike at a time of potential belt-tightening elsewhere in the government.
Trump, faced with a budget deficit at a six-year high, told his Cabinet earlier this year to come up with proposals to cut spending by their agencies by 5 percent, but he suggested the military would be largely spared.
The $750 billion would be even more than the $733 billion request that the Pentagon had been expected to make for fiscal year 2020. It is also well above a $700 billion figure Trump cited in October. [ Source: Reuters (Read More…) ]
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