Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its fiscal year 2027 budget request, centering on a significant “historic” defense spending increase to $1.5 trillion. The national debt crossed $39 trillion just weeks ago and is alarming figures as varied as Elon Musk and Jerome Powell.
Musk, the world’s richest man and, briefly, an advisor to the White House who was involved with the Department of Government Efficiency before departing in 2025...