"A sudden proposal on social media from President Donald Trump to increase U.S. military spending to $1.5 trillion for Fiscal Year 2027 is facing severe scrutiny from fiscal watchdogs, who warn the move would pile on massive liabilities to the federal ledger. According to an analysis released Wednesday by the Committee for a Responsible Federal Budget (CRFB), the president's plan would add $5.8 trillion to the national debt over the next decade, once interest costs are factored in."
"President Trump has justified the proposed expenditure by pointing to the "tremendous numbers being produced by Tariffs." He has asserted that these funds would be sufficient to finance the expansion toward a "Dream Military," still reduce the federal deficit, and even "pay a substantial dividend to moderate income Patriots within our Country!" Here, he seemed to refer to his $2,000-per-person tariff dividend idea, which has failed to gain traction in Congress."
President Donald Trump proposed raising U.S. military spending to $1.5 trillion for Fiscal Year 2027 via a post on Truth Social. The Committee for a Responsible Federal Budget projects the plan would add $5.8 trillion to the national debt over the next decade after interest. The CRFB estimates the hike would increase defense spending by $5 trillion through 2035. The administration claims tariff revenue and a $2,000-per-person tariff dividend would offset costs. The CRFB finds tariff income would fall far short and that the dividend proposal would cost about twice the incoming tariff revenue. The national debt is near $38 trillion.
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