Big moves ahead, even if only half the target is met. Wonder how to interpret this in the broader context of Ukraine-Russia, China, renegotiating the eurozone defense and trade compacts and, again, China.
https://www.militarytimes.com/news/pentagon-congress/2025/02/19/white-house-eyes-annual-8-cut-to-defense-budget-through-2030/
"Defense Secretary Pete Hegseth ordered senior military officials to develop a five-year budget plan that would slash defense spending by 8% annually, a dramatic cut which could reshape military end-strength and readiness for decades.
In a memo first obtained by the Washington Post, Hegseth ordered the proposed cuts to be compiled by Feb. 24. Seventeen categories would be exempt from the budget reductions, including military operations at the southern U.S. border, nuclear weapons and missile defense programs, and acquisition of certain drones and munitions."
According to the Washington Post, U.S. Secretary of Defense Pete Hegseth has signed a memo, ordering senior leaders at the Pentagon and across the U.S. Military to develop plans to cut roughly 40% of the defense budget by 2030, in increments of 8% per year for the next five… pic.twitter.com/DrRUEjHWxE
— OSINTdefender (@sentdefender) February 19, 2025
https://www.militarytimes.com/news/pentagon-congress/2025/02/19/white-house-eyes-annual-8-cut-to-defense-budget-through-2030/
"Defense Secretary Pete Hegseth ordered senior military officials to develop a five-year budget plan that would slash defense spending by 8% annually, a dramatic cut which could reshape military end-strength and readiness for decades.
In a memo first obtained by the Washington Post, Hegseth ordered the proposed cuts to be compiled by Feb. 24. Seventeen categories would be exempt from the budget reductions, including military operations at the southern U.S. border, nuclear weapons and missile defense programs, and acquisition of certain drones and munitions."