The Trump administration has proposed a $500 trillion increase in military outlays through 2027, a record amount of money for the military, which has been plagued by budget deficits and other budgetary concerns.
The budget proposal would increase spending on U.S. military forces by $10.9 trillion over 10 years, to an average of $1,821 per American household.
That would be roughly the size of an average U.N. dinner and dinner party, according to a budget estimate released Friday by the Office of Management and Budget (OMB).
The Trump budget calls for a $50 billion increase in spending on the Army and Marine Corps, which would rise from an average $1.4 billion to $1.,624 per American family.
The proposal would also increase funding for the Navy and Air Force by $4 billion, to a rate of $4,819 per American.
“This will increase our force, the number of people that are deployed in support of our national security interests, the cost of defending our country and the ability to defend our homeland,” White House budget director Mick Mulvaney told reporters on Friday.
The White House has been reluctant to reveal specific numbers for the proposed military spending, but Mulvie said it would be “a $100 billion increase over 10 or 15 years.”
In a statement, the OMB said the Trump proposal “will be an increase of $50 trillion over the next 10 years” as well as the Pentagon’s budget for 2025.
“As the budget details continue to be finalized, we will update you on additional information as it becomes available,” the statement said.
The OMB report also said the proposed increase in the Army’s spending would “provide the necessary financial support to meet our nation’s readiness needs and provide for the defense of the nation.”
Trump’s budget proposes to increase military spending by $100 trillion over five years.
The plan includes the first $50,000 for the Pentagon from 2020 through 2028.
The military would also receive a $5 trillion increase over the course of the next decade, including $7.7 trillion for new weapons, ammunition and technology.
“While this increase will be more than the increase in total defense spending, it will be a very modest increase in real dollars,” MulvIE told reporters Friday.
“The military will spend less money over the short term, and it will save a lot of money over time.”
The proposal also includes $10 trillion in spending cuts, including a reduction in the Department of Defense’s annual budget.
The Pentagon, which relies on revenue from military and domestic services for its budgets, would receive a 6.4 percent cut, which the Pentagon said would cut its spending by roughly $3 trillion over a decade.
The Trump White House and the OMA have repeatedly insisted that the proposed increases are necessary to combat a $700 billion deficit that would result from the military’s long-term funding needs.
The proposed budget proposal was the latest in a series of budget proposals that Mulvay has released in the wake of a number of defense and other budget controversies.
The U.K. parliament voted last month to vote on an emergency spending bill that would have raised military spending to $10 billion by 2020, the highest ever.
In addition, the U.R.N., which oversees U.NAFTA aid and assistance, recently approved an additional $1 billion in assistance for the U,N.
to combat the Ebola pandemic.
Trump’s plan also calls for $5 billion to increase funding on the U.,N.
“By 2020, we plan to invest in the UNAFTC to increase its capacity to engage with the world’s most vulnerable populations and promote sustainable peace, security and development in our hemisphere,” the budget proposal says.
The administration is also proposing to increase spending for the National Endowment for Democracy, which was set up in 2013 as an independent entity that helps support democracy around the world, according a White House statement.
The report also says the UN. will receive a total of $12.2 billion in new funding, including about $5.6 billion for programs in Afghanistan, Pakistan, Myanmar, Somalia and South Sudan.