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-0.000677966101694892 -0.00177314211212518 0.00130378096479791 0.000260756192959642 0.00113689700130387 -0.000312907431551511 -0.000312907431551511 -0.000312907431551511
Stock impact report

Trump proposes massive increase in 2027 defense spending to $1.5 trillion, citing "dangerous times" [CBS News]

Raytheon Technologies Corporation (RTX) 
Company Research Source: CBS News
The 2026 military budget is set at $901 billion. Mr. Trump's proposal would represent a 66% jump in funding. Mr. Trump called for the massive surge in spending days after he ordered a U.S. military operation to capture former Venezuelan President Nicolás Maduro and spirit him out of the country to face drug trafficking charges in the United States , following a months-long military buildup in the region and a series of strikes on alleged drug-carrying boats . U.S. forces continue to mass in the Caribbean Sea. In recent days, the president has floated military action or pressure in other countries, part of an interventionist strategy in the Western hemisphere that he calls the "Don-roe Doctrine." He has called for taking over the Danish territory of Greenland for national security reasons and has suggested he's open to carrying out military operations in Colombia. Secretary of State Marco Rubio has ominously warned that longtime adversary Cuba "is in trouble." "This will allow u Show less Read more
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