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The problem with America's $1 trillion military budget

Summary by Business Insider
US defense spending is on track to top $1 trillion for the first time in history. Congress approved $900 billion for defense in 2026, and President Donald Trump has since proposed a staggering $1.5 trillion defense budget for 2027, the largest request in decades. Much of that money goes to weapons like the F-35, which can cost over $100 million apiece. So why are American weapons so incredibly expensive?US military spending wasn't always like th…

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Business Insider broke the news in United States on Monday, April 20, 2026.
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