Monday, August 11, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Hegseth seeks to shift $50 billion in FY26 budget proposal

Simon Osuji by Simon Osuji
February 20, 2025
in Military & Defense
0
Hegseth seeks to shift $50 billion in FY26 budget proposal
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Defense Secretary Pete Hegseth has directed Pentagon officials to find about $50 billion in the Biden administration’s fiscal 2026 budget proposal that can be redirected to new priorities, according to a late-Wednesday statement by his acting deputy.

Funds should be moved from “so-called ‘climate change’ and other woke programs” and “excessive bureaucracy” to Trump-administration priorities, such as securing the border, building an “Iron Dome” for the United States, and ending DEI programs, acting deputy defense secretary Robert Salesses said in the statement.. 

Related posts

Rwandan forces step up to fill Africa’s security gaps

Rwandan forces step up to fill Africa’s security gaps

August 11, 2025
Burkina Faso receives more Chinese combat vehicles and artillery

Burkina Faso receives more Chinese combat vehicles and artillery

August 10, 2025

“The department will develop a list of potential offsets that could be used to fund these priorities, as well as to refocus the department on its core mission of deterring and winning wars. The offsets are targeted at 8% of the Biden Administration’s FY-26 budget, totaling around $50 billion, which will then be spent on programs aligned with President Trump’s priorities,” Salesses said in the statement.

The fiscal 2025 Defense Authorization Act, passed in December, adhered to the Biden administration’s topline request of $849.9 billion for the Pentagon. Negotiations on the appropriations bill are still ongoing, more than five months into the fiscal year. In November, the administration’s fiscal 2026 proposal was expected to be around $876.8 billion, although then-Defense Secretary Lloyd Austin recommended boosting it to $926.5 billion.

Salesses’ statement follows recent reporting by the Washington Post that Hegseth ordered Pentagon leaders to cut 8 percent from the defense budget in each of the next five years. However, the new statement seems to paint a different picture, clarifying that they will merely move money around, rather than cut the funding completely, and does not confirm the Post’s reporting regarding the five-year timeline. 

While it’s common for new administrations to adjust the budget proposals of their predecessors, an 8-percent shift is more than usual. 

No date has yet been announced for sending the revamped budget proposal to Congress, which usually occurs in February except in the first year of a new administration, when it often arrives a month or more later.

Bloomberg first reported the shift in funding.





Source link

Previous Post

DOGE Now Has Access to the Top US Cybersecurity Agency

Next Post

National Assembly backs FMBN recapitalisation for affordable housing – EnviroNews

Next Post
National Assembly backs FMBN recapitalisation for affordable housing – EnviroNews

National Assembly backs FMBN recapitalisation for affordable housing - EnviroNews

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Global oyster market on an upward trend

Global oyster market on an upward trend

15 hours ago
Kenya seeks to extend presidential term to 7 years

Kenya seeks to extend presidential term to 7 years

10 months ago
Top Republican calls for 340B reform in long-awaited investigation

Cassidy challenges RFK Jr. with call for delay to CDC vaccine meeting

2 months ago
How Our Own Sleep Ratings Shape Our Next-Day Mood

How Our Own Sleep Ratings Shape Our Next-Day Mood

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.