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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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May 26, 2026 / Tyler Durden
The Digital Euro As Europe's Backdoor Capital Control System
The Digital Euro As Europe's Backdoor Capital Control System
Submitted by Thomas Kolbe
The digital euro ranks among the most ambitious projects within the political architecture of the European Union. As the Eurosystem and the EU increasingly merge into identical and integrated political spaces, it can no longer be denied that this CBDC project is primarily a geopolitical power play by Brussels. Yet the euro-CBDC — shorthand for “central bank digital currency” — remains stuck in a loop. Originally envisioned years ago as already being in the project phase, the first...
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Mar 19, 2026 / Soham Patil
Judgment: Right Answers with No Solutions
In Austrian economics, judgment refers to decision making under uncertainty. Given that we live in a world of uncertainty, all of us use judgment when choosing what actions to perform.
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May 24, 2026 / Jason Ditz
At Least 20 Killed in Lebanon as Israel Orders More Villages Evacuated
Multiple Israeli attacks against southern Lebanon have left at least 20 people dead and a number of others wounded over the weekend. The deadliest incidents were in Tyre District and Nabatieh District. 11 were killed and 9 wounded in Nabatieh’s Sir al-Gharbiyeh. The 11 killed included six women and one child, and the wounded included at […]
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