-
England's Stones joins Inter Milan on free transfer
-
Hundreds of migrants flood into Spain's Ceuta exclave from Morocco
-
Renewed Iran war raises US missile supply concerns
-
French minister defends expulsion order against Russian commentator
-
Nobel Peace Prize winner Murad says justice for Yazidis far too slow
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
Mexico escalates war against smelly seaweed on Caribbean beaches
-
UK's highest court to hear Palestine Action's appeal against ban
-
Selection process for next UN chief under way
-
Hundreds of migrants swim to Spain's Ceuta territory from Morocco
-
UEFA says will boycott World Cup if FIFA pushes private investor proposal
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Volunteers rush to feed scared animals in fire-stricken France
-
UEFA says will boycott World Cup over FIFA proposals
-
Russian missile strike destroys family home, 10 feared dead
-
Rashford says final goodbye to Barcelona ahead of Man Utd return
-
Djokovic to make return at Cincinnati Masters
-
History-chasing Ryu sets pace at women's British Open
-
Selection process for next UN chief begins
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
France, Spain eye wildfire reprieve as other blazes start up in Europe
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Turkey confronts growing wildfires on tourist coasts
-
Atletico complain to FIFA over Barca's Alvarez approach
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
Russia blamed for missile that blasted crater in Polish field
-
Musk plans major Republican midterm spending push: report
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
Howe set to leave Newcastle, with Al-Ahli's Jaissle to take over: reports
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Ugandan opposition leader in intensive care: wife
-
Grealish hits back over Man City tour snub claims
-
France firefighters hopeful, as Spain ends national emergency
-
Firefighters battle to contain deadly Crete blaze in Greece
-
Stocks diverge on earnings, as oil steadies
-
Chelsea sign France defender Lacroix from Crystal Palace
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Root named England Test captain, Fleming appointed coach
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
-
France firefighters hopeful, as Spain reports 'almost no flames'
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Newcastle boss Eddie Howe leaves club: reports
Trump administration takes aim at Pentagon spending
US Defense Secretary Pete Hegseth has ordered a review of the department's 2026 budget so as to reallocate $50 billion in funds, the Pentagon said Wednesday, following reports that he had directed deep, multi-year cuts to military spending.
US media said Hegseth directed senior Defense Department leaders to plan for cuts that could slash the defense budget by eight percent annually, or some $290 billion within the next five years.
The Pentagon did not directly deny those reports, but instead described an effort aimed at removing funding from programs favored by former president Joe Biden and using it on those advocated by his successor Donald Trump.
"Secretary Hegseth has directed a review to identify offsets from the Biden administration's FY26 budget that could be realigned from low-impact and low-priority Biden-legacy programs to align with President Trump's America First priorities for our national defense," Robert Salesses, performing the duties of deputy secretary of defense, said in a statement.
"The department will develop a list of potential offsets that could be used to fund these priorities, as well as to refocus the department on its core mission of deterring and winning wars. The offsets are targeted at eight percent of the Biden Administration's FY26 budget, totaling around $50 billion, which will then be spent on programs aligned with President Trump's priorities," the statement said.
A report from the Washington Post meanwhile described a memo from Hegseth -- dated Tuesday -- that ordered the development of plans for eight percent to be cut from the defense budget in each of the next five years.
- 'Revive the warrior ethos' -
Hegseth's memo said the proposed cuts must be drawn up by February 24, and include 17 categories that Trump wants exempted, including operations at the US border with Mexico and modernization of nuclear weapons and missile defense, the newspaper reported.
It also called for funding for Indo-Pacific Command and Space Command, but did not do so for others such as European Command, which has led the way on US strategy throughout the war in Ukraine, the Post reported.
The Defense Department "must act urgently to revive the warrior ethos, rebuild our military, and reestablish deterrence," Hegseth wrote in the memo, according to the Post.
"Our budget will resource the fighting force we need, cease unnecessary defense spending, reject excessive bureaucracy, and drive actionable reform including progress on the audit," he reportedly continued.
The Pentagon's budget for 2025 is some $850 billion and the cuts described in the memo, if implemented in full, would reduce that figure by tens of billions each year to some $560 billion by the end of the five years.
Trump has vowed to slash government spending, and Elon Musk's Department of Government Efficiency (DOGE) -- which is tasked with carrying out that effort -- reportedly visited the Pentagon last week.
Hegseth signaled support for DOGE's work at the Pentagon in a Tuesday post on X: "Let's get to work. DOGE the waste; Double-Down on warriors," he wrote.
Ch.Campbell--AT