Trump budget to seek $54 billion more in defense spending, offset by decreases elsewhere


WASHINGTON (MarketWatch) — The first budget of the Trump administration will seek $54 billion in extra spending on defense, to be offset by equivalent decreases elsewhere. Spending on so-called mandatory programs will not be impacted in this budget, according to media reports based on a briefing from the Office of Management and Budget. “We’re going to do more with less,” President Trump said separately.

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Trump says budget will call for ‘historic increase’ in defense spending