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International Business Times
International Business Times

Trump Seeks $1.5T iPentagon Budget After Saying the States Should Raise Taxes to Finance Day Care or Medicare

In the same week that Donald Trump said the federal government could not afford to "take care of day care" or programs such as Medicare and Medicaid because "we're fighting wars," the President asked Congress for a record $1.5 trillion Pentagon budget, a proposal that would increase defense spending by about 42% and open a new political fight over domestic priorities as the costs of the war in Iran keep climbing.

The plan lands with the national debt above $39 trillion and annual deficits nearing $2 trillion.

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