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Originally published by Capital Businessbusiness
January 8, 2026
1d ago
Trump calls for US military spending to rise more than 50% to $1.5tn 2 hours ago

JAN 8 - President Donald Trump has called for US defence spending to be increased to $1.5tn (£1.1tn) in 2027 for what he called "these very troubled and Kenya breaking news | Kenya news today |..
✨ Key Highlights
Former President Donald Trump has advocated for a significant increase in US defense spending, proposing to raise it to $1.5 trillion by 2027, a more than 50% jump from the current budget. He also threatened to crack down on defense contractors for slow deliveries and urged them to build new manufacturing plants.
- Proposed defense budget: $1.5 trillion (£1.1tn) by 2027, more than 50% higher than the current $901 billion budget.
- Key person involved: Donald Trump, former President of the United States.
- Notable detail: Trump criticized Raytheon as "the least responsive" and threatened to end their business with the Department of War if they don't invest more in production capabilities.
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