|
|
|
Trump commits to $750 bn defence budget
|
|
|
|
Top Stories |
|
|
|
|
IANS | 10 Dec, 2018
US President Donald Trump has agreed to a request from Defence Secretary
James Mattis to propose a defence budget of $750 billion for the coming
year, according to an administration official.
Last week, Trump
appeared to call the Defence Department budget of $716 billion "crazy"
in a tweet. The next day Mattis and key Republican lawmakers who oppose
any defence budget cuts met the President lunch to discuss military
funding, the official told CNN on Sunday.
The agreement on the
$750 billion budget came out of the meeting on December 4, which was
attended by Trump, Mattis and the chairmen of the House and Senate Armed
Services committees.
"The President fully supports the National
Defence Strategy and continuing to rebuild the military," the
administration official said.
"President Trump agreed to $750 billion topline."
The
meeting came as the Trump administration floated a 5 per cent cut to
the Defence Department, reducing the defence budget from $716 billion
allocated in 2019 to $700 billion in 2020 as part of a federal
government-wide effort to reduce the deficit.
Defence officials were planning on a $733 billion budget for 2020 prior to the proposed cuts.
"The
Department is committed to ensuring our military remains the most
lethal force in the world. We are working with OMB (Office of Management
and Budget) to determine the department's topline number," Lt. Col.
Mike Andrews, a Defence Department spokesman, told CNN.
Defence officials had said anything under $733 billion would increase risk.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|