Published on Feb 27, 2017
US President Donald Trump has promised a historic rise in the military budget for the next fiscal year beginning in October. Trump’s comments came as White House Budget Director Mick Mulvaney said the military spending will surge by 54 billion dollars. That would be an almost 10-percent increase compared to the 2017 defense funding. Earlier, White House sources also said sources also said Trump will introduce major spending cuts for domestic agencies. Trump’s budget law will be submitted to Congress next month. He is expected to project a sizable deficit for 2018.