10 April 2026

Golden Dome, out-years and lots of missiles: Details of Trump’s $1.5T defense budget request

Ashley Roque, Valerie Insinna, Theresa Hitchens, Michael Marrow, Diana Stancy and Carley Welch 

WASHINGTON — While the Trump administration is requesting $1.5 trillion in defense spending for fiscal 2027, that number will likely to trend downwards in the coming years based on projections revealed today by the Office of Management and Budget.

As part of the Trump administration’s broader FY27 budget request roll out, OMB broadly laid out plans to hike defense spending by budgeting $1.15 trillion in the base budget request and an additional $350 billion from a forthcoming reconciliation bill. This is the first time that base budget defense spending has hit the $1 trillion mark.

However, that $1.5 trillion figure could drop to $1.28 trillion in 2028, only rising to $1.35 trillion in 2031, if no additional reconciliation or supplemental dollars are approved, according to an OMB chart. Given that mid-term elections are coming up later this year and Democrats could reclaim one chamber, prospects of future reconciliation bills are dim, meaning that FY27 could simply be a one-year surge in funding.

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