March 18, 2017

"The White House on Wednesday released its budget blueprint for the fiscal year 2018, which significantly increases defense budget by $54 billion, or 10 percent, from the previous year, while proposing to cut the funding for non-military departments.

The proposed $54 billion increase will make US military budget higher than Russia's and Japan's military spending combined, accounting for one-third of China's defense budget. Once approved by the Congress, the US defense spending will reach $603 billion, while non-military federal budget will be only $462 billion."

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