Trump proposes $1.5 trillion military budget for 2027

President Trump announced a proposed $1.5 trillion defense budget for 2027 and said tariff revenues would fund the increase. Analysts estimate the plan could cost about $5 trillion through 2027–2035, and a Supreme Court ruling on the administration's tariff authority is pending.

President Trump announced a proposed $1.5 trillion defense budget for 2027, describing it as a major buildup of U.S. military spending. He said the increase would be funded by tariff revenues and also criticized defense contractors’ pace of delivery and executive pay. Budget analysts and watchdog groups have challenged the administration’s cost estimates. A Supreme Court decision on the legality of the tariff strategy is expected soon and could affect the funding plan. Key points: - The president announced a proposed $1.5 trillion defense budget for 2027 on Truth Social. - The administration says tariff revenues would finance the increase and reduce debt, as reported by the announcement. - The Committee for a Responsible Federal Budget estimated the increase would cost about $5 trillion between 2027 and 2035 and that tariff revenues would cover roughly half of that amount. - A Supreme Court ruling on the legality of the president’s tariff strategy is pending and is likely to affect the funding outlook. Summary: The proposal would materially raise U.S. defense spending and relies on tariff revenues that are legally contested. Congressional action and the pending Supreme Court decision will determine whether the plan can proceed as described.