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Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns

Trump’s proposal would be “by far the largest year-over-year increase in defense spending in the post-WWII era,” the CRFB said.

By Nick LichtenbergApril 2, 2026
paul krugman
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
By Jake AngeloApril 2, 2026
messi
Apollo and FC Barcelona just proved legacy markets are losing their grip on business
By Mike SimasApril 2, 2026
Traders signal offers in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois.
Markets rally hard on Iran’s promise to play nice in Hormuz as its leaders pocket billions from the disruption
By Eva RoytburgApril 2, 2026
Image showing multiple computer screens with code.
Mercor, a $10 billion AI startup that works with companies including OpenAI and Anthropic, confirms major data breach
By Beatrice NolanApril 2, 2026
Trump at podium with bondi watching
Trump ousts Pam Bondi as attorney general
By The Associated Press, Alanna Durkin Richer, Eric Tucker, Michael Balsamo and Michelle L. PriceApril 2, 2026
Latest Stories
Dell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
NewslettersDell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
By Sheryl EstradaApril 3, 2026
The startup looking to solve health care’s fax machine problem
NewslettersThe startup looking to solve health care’s fax machine problem
By Allie GarfinkleApril 3, 2026
With an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
NewslettersWith an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
By Alexei OreskovicApril 3, 2026
electrical engineer
NewslettersLeaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor
By Diane BradyApril 3, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 3, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on April 3, 2026
By Glen Luke FlanaganApril 3, 2026
Top CD rates today, April 3, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates today, April 3, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 3, 2026
Photo of Sundar Pichai
InnovationGoogle CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
By Sasha RogelbergApril 3, 2026
Businesswoman reading a book on private jet while drinking champagne
SuccessThe world’s wealthiest families adopt these 7 key habits for success, according to JPMorgan
By Preston ForeApril 3, 2026
More PoliticsPage 92 of 100
Senate GOP wants deeper Medicaid cuts to offset tax breaks in Trump’s ‘big, beautiful bill’
PoliticsSenate GOP wants deeper Medicaid cuts to offset tax breaks in Trump’s ‘big, beautiful bill’
By Lisa Mascaro, Kevin Freking and The Associated PressJune 17, 2025
  • Israel warns ‘Tehran will burn’ as Iran fires drones and missiles in response to Israeli strikes
    PoliticsIsrael warns ‘Tehran will burn’ as Iran fires drones and missiles in response to Israeli strikes
    By Jon Gambrell, Melanie Lidman, Julia Frankel and The Associated PressJune 14, 2025
Trump leaves G7 summit early with hints of more conflict in the Middle East: ‘Everyone should immediately evacuate Tehran!’
PoliticsTrump leaves G7 summit early with hints of more conflict in the Middle East: ‘Everyone should immediately evacuate Tehran!’
By Josh Boak, Rob Gillies, Jill Lawless and The Associated PressJune 17, 2025
A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance
FinanceA new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance
By Greg McKennaJune 17, 2025
Donald Trump and Wilbur Ross
PoliticsExclusive: Trump’s former commerce secretary says an overconfident White House may push trade allies like the EU too far
By Eleanor PringleJune 17, 2025
Photo of Tim Moore
FinanceExclusive: Congressman Tim Moore failed to properly disclose hundreds of thousands of dollars worth of personal stock purchases made around Trump’s ‘Liberation Day’ in a potential STOCK Act violation
By Dave LevinthalJune 16, 2025
Trump’s anti-DEI wave extends to Juneteenth celebrations as corporate sponsors pull out of major events
PoliticsTrump’s anti-DEI wave extends to Juneteenth celebrations as corporate sponsors pull out of major events
By Nadia Lathan and The Associated PressJune 16, 2025
  • The president of the AFL-CIO says she’s committed to the fight against Trump’s immigration policies
    LeadershipThe president of the AFL-CIO says she’s committed to the fight against Trump’s immigration policies
    By Sara BraunJune 14, 2025
Gene Seroka stands in front of the Port of Los Angeles and looks to his left.
EconomyPort of LA imports fell nearly 20% in May, and it may mean higher prices and fewer choices on back-to-school and Halloween items
By Sasha RogelbergJune 16, 2025
CoreCivic's logo in front of a prison
FinanceA judge once called Leavenworth’s federal prison a ‘hell hole.’ CoreCivic will get $4.2 million per month to reopen the long-shuttered facility to hold thousands of migrants arrested by ICE
By Heather Hollingsworth, John Hanna and The Associated PressJune 16, 2025
President Donald Trump
TechTrump Mobile: The Trump Org is licensing its name to a wireless service provider—and a $499 gold-plated smartphone called the T1
By Paolo ConfinoJune 16, 2025
United Airlines makes the first direct flight from U.S. to Greenland since 2008—and it lands on Trump’s birthday
PoliticsUnited Airlines makes the first direct flight from U.S. to Greenland since 2008—and it lands on Trump’s birthday
By Kwiyeon Ha and The Associated PressJune 16, 2025
Trump administration offers details of its ‘golden share’ in US Steel deal, but union says it’s ‘disappointed’
PoliticsTrump administration offers details of its ‘golden share’ in US Steel deal, but union says it’s ‘disappointed’
By Josh Boak, Marc Levy and The Associated PressJune 16, 2025
  • How to watch the No Kings protests taking place around the country
    PoliticsHow to watch the No Kings protests taking place around the country
    By Chris MorrisJune 14, 2025
G7 summit in Canada won’t release a joint statement as world leaders focus on not riling a Trump they disagree with
PoliticsG7 summit in Canada won’t release a joint statement as world leaders focus on not riling a Trump they disagree with
By Josh Boak, Rob Gillies and The Associated PressJune 16, 2025
Man suspected of shooting 2 Minnesota lawmakers caught
PoliticsMan suspected of shooting 2 Minnesota lawmakers caught
By Obed Lamy, Steve Karnowski, Mike Balsamo, Alanna Durkin Richer and The Associated PressJune 16, 2025
Melissa Hortman was once a teenager with a job making burritos then became a powerful Minnesota lawmaker who trained service dogs
PoliticsMelissa Hortman was once a teenager with a job making burritos then became a powerful Minnesota lawmaker who trained service dogs
By John Hanna, Steve Karnowski and The Associated PressJune 15, 2025
Iranians are fleeing the capital as long lines form at gas stations while Israeli attacks could worsen an energy crisis
PoliticsIranians are fleeing the capital as long lines form at gas stations while Israeli attacks could worsen an energy crisis
By Jason MaJune 15, 2025
Trump vetoed Israeli plan to kill Iran’s supreme leader, US official says
PoliticsTrump vetoed Israeli plan to kill Iran’s supreme leader, US official says
By Aamer Madhani and The Associated PressJune 15, 2025
Is Iran running out of missiles? Its rate of attack on Israel is already slowing down, think tank says
PoliticsIs Iran running out of missiles? Its rate of attack on Israel is already slowing down, think tank says
By Jason MaJune 15, 2025
Minnesota shooting suspect was looking for work while doing odd jobs, then emptied a bank account and paid 4 months of rent before the attack
PoliticsMinnesota shooting suspect was looking for work while doing odd jobs, then emptied a bank account and paid 4 months of rent before the attack
By Jason MaJune 15, 2025
Authorities still searching for suspect in shooting of 2 Minnesota state lawmakers
PoliticsAuthorities still searching for suspect in shooting of 2 Minnesota state lawmakers
By Tim Sullivan, Steve Karnowski, Alanna Durkin Richer and The Associated PressJune 15, 2025
Trump says US ‘could get involved’ in Iran-Israel conflict
PoliticsTrump says US ‘could get involved’ in Iran-Israel conflict
By Wendy Benjaminson and BloombergJune 15, 2025
Fire and smoke rise into the night sky after an Israeli attack on the Shahran oil depot.
PoliticsIsrael targets Iran’s Defense Ministry headquarters as Tehran unleashes deadly missile strike
By Jon Gambrell, Melanie Lidman, Julia Frankel and The Associated PressJune 15, 2025
Harvard graduates dressed in red and black robes sit during their commencement ceremony.
FinanceAs Harvard’s and Yale’s private equity holdings go on sale, buyers can use this technique for 1,000% windfalls. ‘It makes your brain melt’
By Greg McKennaJune 15, 2025
Military parade kicks off early amid rainfall as Trump looks on and brushes off ‘No Kings’ protests
PoliticsMilitary parade kicks off early amid rainfall as Trump looks on and brushes off ‘No Kings’ protests
By Lolita C. Baldor, Michelle L. Price and The Associated PressJune 14, 2025
Trump curbs immigration enforcement at farms, meatpacking plants, hotels and restaurants
PoliticsTrump curbs immigration enforcement at farms, meatpacking plants, hotels and restaurants
By Aamer Madhani, Elliot Spagat and The Associated PressJune 14, 2025
Minnesota shooting suspect’s company claims he was ‘involved with security situations’ around the world
PoliticsMinnesota shooting suspect’s company claims he was ‘involved with security situations’ around the world
By Jason MaJune 14, 2025
Protesters crowd into streets, parks and plazas at anti-Trump ‘No Kings’ demonstrations across US
PoliticsProtesters crowd into streets, parks and plazas at anti-Trump ‘No Kings’ demonstrations across US
By Marc Levy, Claudia Lauer and The Associated PressJune 14, 2025
Minnesota shooting adds to string of political violence that has also targeted top companies
PoliticsMinnesota shooting adds to string of political violence that has also targeted top companies
By Jason MaJune 14, 2025
Trump administration gives personal data of immigrant Medicaid enrollees to deportation officials
PoliticsTrump administration gives personal data of immigrant Medicaid enrollees to deportation officials
By Kimberly Kindy, Amanda Seitz and The Associated PressJune 14, 2025
How to watch the Army Birthday Parade live online for free—and without cable
LifestyleHow to watch the Army Birthday Parade live online for free—and without cable
By Chris MorrisJune 14, 2025
Trump clears path for Nippon Steel investment in US Steel, so long as the Japanese firm complies with a ‘national security agreement’
PoliticsTrump clears path for Nippon Steel investment in US Steel, so long as the Japanese firm complies with a ‘national security agreement’
By Josh Boak, Marc Levy and The Associated PressJune 14, 2025
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