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Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades'

Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades' Via The Cradle US President Donald Trump is asking Congress to boost military spending to $1.5 trillion for 2027, the largest such request in decades, while demanding cuts to domestic spending on social programs, AP reported Friday. The White House released details of the desired spending increase on Friday as part of Trump's 2027 budget proposal. The proposal comes amid the US-Israeli war on Iran, which is costing US taxpayers over $11 billon for each week it continues. US Army/AP image Last month, the Pentagon proposed receiving an...
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Mar 23, 2026 / Tyler Durden
"Far-Right" AfD Party Makes Historic Gains In German State Elections
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Mar 30, 2026 / Tyler Durden
Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech
Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech Looking at the week ahead, we should start to learn about the economic consequences of the conflict, as several data releases for March are out which cover the period since the strikes began on February 28. In the US, that includes the monthly jobs report on Friday - which falls on a Holday when stocks are closed, while bonds are open for half a day -  where economists expect nonfarm payrolls to have risen by +60k in March. As...
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Mar 24, 2026 / Tyler Durden
82nd Airborne Brass "Ordered To Deploy"; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey
82nd Airborne Brass "Ordered To Deploy"; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey Summary Commander of the 82nd Airborne Division Maj Gen Brandon Tegtmeier and his "command element" being sent to Middle East, Fox reports. Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp. Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US bases, amid reports of overnight airstrikes on military and gas infrastructure...
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