What Happened
Congressional Republicans Push For $1.5 Trillion Defense Budget
Congressional Republicans are working towards a new reconciliation bill that aims to reach a $1.5 trillion defense budget, with a self-imposed deadline of late July. The bill’s framework is already in place, according to a key lawmaker. The Pentagon’s fiscal 2027 budget is a crucial factor in this effort. The development was reported by Aviation Week, which provides market intelligence and data on the aerospace and defense community.