White House Proposes $1.5 Trillion Defense Budget

The White House on Friday proposed a fiscal year 2027 budget that raises total defense resources to roughly $1.5 trillion — about $1.1 trillion in base discretionary funding and $350 billion in mandatory resources — while cutting nondefense discretionary spending by about 10% to roughly $660 billion. The plan prioritizes munitions production, shipbuilding ($65.8 billion), AI investments and F-47 development, and now moves to Congress for debate.