The Latest Breaking News from Defense Spending

Asian shares have mostly advanced after mixed moves on Wall Street, where President Donald Trump's talk of raising defense spending spurred a rally in military-related shares

A new compromise defense authorization bill calls for a higher level of defense spending than President Donald Trump requested for the current fiscal year. CQ Roll Call’s John M. Donnelly, Aidan Quigley and David Lerman assess the new bill and what it means for the defense appropriations process. Show Notes:

Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.

U.S. Defense Secretary Pete Hegseth has welcomed Japan's commitment to accelerate its military buildup and defense spending

South Korea’s president has vowed to sharply increase defense spending to introduce a variety of high-tech weapons as part of efforts to build a more self-reliant military

Russia has broken 190 different “deals” over Ukraine since 1994, so it is unlikely that Europe will stop preparing for future action from Moscow.

As the Kremlin moves to increase defense spending and change laws surrounding troop mobilization, experts are warning that these are signals Russia is preparing for a "protracted" war not only with Ukraine, but with NATO as well.

The House on Wednesday finally mustered the votes to adopt a rule governing floor debate on crypto bills and the Defense spending bill.

Three cryptocurrency bills and the Defense spending bill appeared ready for House floor action after stalling out for much of Tuesday.