🚨 BREAKING NEWS | MARKET UPDATE 🚨
Former U.S. President Donald Trump has proposed a $1.5 trillion U.S. defense budget for 2027, aiming to nearly double current spending. He claims the increase could be funded through tariff revenues, without raising taxes. 🇺🇸
Trump also took aim at major defense contractors like Raytheon Technologies, criticizing slow production timelines and high executive compensation. He floated ideas such as dividend restrictions and executive pay caps if performance doesn’t improve.
📉 Market Reaction: Defense stocks saw sharp volatility—Lockheed Martin shares dipped initially before recovering.
🗣️ Supporters call it “peace through strength,” while critics warn of rising debt and increased war risks.
⚖️ Final approval remains uncertain, as Congress has the last say.
#DefenseBudget #USmarket #CryptonewswithJack #Altcoins
