US looks at 8% defense budget cut in each of next 5 years, Washington Post reports-May 2024-www.financetom.com

US looks at 8% defense budget cut in each of next 5 years, Washington Post reports

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US looks at 8% defense budget cut in each of next 5 years, Washington Post reports

Feb 19, 2025 12:34 PM

WASHINGTON (Reuters) - The administration of President Donald Trump has ordered senior leaders at the Pentagon and throughout the U.S. military to develop plans for 8% cuts to the defense budget in each of the next five years, The Washington Post reported on Wednesday, citing a memo and officials familiar with the matter.

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