Political Risk

CBO: Trump military buildup would cost taxpayers an extra $683 billion

“The military buildup President Donald Trump has called for would cost $683 billion more than current spending plans over the next decade, according to a new analysis by the Congressional Budget Office.To achieve the buildup, the base budget would have to reach $688 billion by 2027, more than 20 percent larger than peak defense spending during the 1980s, CBO said in a report released Monday.”

Source: CBO: Trump military buildup would cost taxpayers an extra $683 billion

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