Trump calls for US military spending to rise more than 50% to $1.5tn
President Donald Trump called for a significant increase in US military spending to $1.5 trillion by 2027, arguing it would bolster national security and create a "Dream Military." He criticized defense contractors for prioritizing shareholder payouts over production and urged them to invest in new manufacturing plants. Trump also threatened to cut ties with companies that fail to meet his demands, specifically targeting Raytheon. His proposal comes amid heightened geopolitical tensions, including the US seizure of a Russian oil tanker suspected of violating sanctions and the detention of Venezuelan leader Nicolás Maduro.
7 JAN 2026
— The Guardian
Trump administration reportedly warns Maduro ally Diosdado Cabello could be next | Venezuela
· THIS STORY — BBC
President Trump proposed a $1.5 trillion increase in US military spending by 2027, aiming to bolster national security and incentivize defense contractors to invest in new manufacturing.
15 JAN 2026
— The Guardian
Experts question the feasibility of Donald Trump's plan to acquire Venezuela's oil reserves due to low production, economic instability, and low oil prices.
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