Trump Calls for $1.5T Defense Budget
President Donald Trump has called for a 50% boost to the Department of Defense budget — to $1.5 trillion a year. He also wants a pay cap for defense contractor CEOs to encourage them to produce weapons faster.
HASC Chairman: F-35 Is a Cash ‘Rathole’
The House Armed Services Committee chairman, Rep. Adam Smith (D-WA), called the F-35 a “rathole” and said the US should consider cutting its losses by investing in a range of competing fighter jets.
