budget

Sen. Kaine skeptical Congress will pass $1.5T military budget

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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Sen. Kaine skeptical Congress will pass $1.5T military budget 01:11 UP NEXT Trump calls rescue of F-15E airman an ‘Easter Miracle’ 01:12 How the remaining F-15E airman was rescued from Iran 00:41 Tina Fey joins Jack Black in … Read more

Sen. Tim Kaine says Congress will ‘have a hard time’ reviewing Trump’s military budget request

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Sen. Tim Kaine, D-Va., on Sunday expressed skepticism about the Trump administration’s 2027 budget plan, which includes a request of $1.5 trillion from Congress to fund the Defense Department, a 44% increase from the amount that was appropriated to that agency for this year. Subscribe to read this story ad-free Get unlimited access to ad-free … Read more

Alcatraz could reopen as a ‘state-of-the-art secure prison’ under Trump’s $152M budget request

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NEWYou can now listen to Fox News articles! The White House on Friday requested $152 million to begin reopening Alcatraz as an operational prison. The funding proposal, included in the Trump administration’s fiscal year 2027 budget request, would cover the initial phase of rebuilding the long-closed facility into what officials describe as a “state-of-the-art secure … Read more

Trump’s 2027 budget asks Congress for $1.5 trillion in defense spending, with 10% cuts elsewhere

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Washington — President Trump’s budget proposal for fiscal year 2027 asks Congress for $1.5 trillion in defense spending — a 42% increase — while cutting nondefense spending by $73 billion, or 10%. The White House released the 92-page budget request on Friday, accompanied by several summaries of the administration’s key priorities across the executive branch. The … Read more

Trump 2027 budget preview hints at sweeping scale-up in core agenda

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NEWYou can now listen to Fox News articles! FIRST ON FOX: President Donald Trump’s fiscal year 2027 budget proposal focuses on combating violent crime while boosting immigration enforcement, including funding for more agents, alongside additional resources for expanded detention capacity and removal operations, according to information provided exclusively to Fox News Digital by the Office … Read more

US lawmakers express support for stalled Taiwan special defense budget

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TAIPEI, Taiwan — The United States supports efforts by Taiwan’s government to pass a $40 billion special defense budget that is being stalled in the opposition-controlled parliament, a group of visiting U.S. lawmakers said Monday in Taipei. A bipartisan group of four senators arrived in Taiwan as part of an Asia trip meant to bolster … Read more

House Budget chairman reveals how Republicans will pay for the Iran campaign

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NEWYou can now listen to Fox News articles! House Republicans are lurching forward with a second budget reconciliation package, ending months of speculation about whether the chamber would attempt to marshal a second GOP-only megabill through Congress before November’s midterm elections. House Budget Committee Chairman Jodey Arrington, R-Texas, said Wednesday he wants the measure to … Read more

The Iran war has already hit your gas budget. Here’s what it’s coming for next.

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Mortgage rates A third place the Iran war is poised to take an even bigger financial toll on Americans is in the mortgage market. The average interest rate on a 30-year fixed mortgage has climbed a full half point since the war began, from just under 6% the day before the U.S. attacked Iran, to … Read more