July 24, 2026
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6:11Now PlayingPete Hegseth is pushing a $1.5 trillion defense budget, plus another $67 billion for the Iran war, while selling the plan at a Lockheed Martin plant that stands to profit from the spending spree. Economist Dean Baker calculated that the increase works out to nearly $5,000 per American household per year, even as the Pentagon already has tens of billions in unspent money from last year. When a defense secretary calls congressional restraint the “greatest threat” to America, the country deserves a receipt before Lockheed gets another blank check. Ring of Fire's Josh G. discusses.
Common Dreams, Hegseth Is Demanding US Households Pay $5,000 More Per Year to Fund the Pentagon,
Democracy Now, Unlimited Money for BombsDemocrats Slam Hegseth for Seeking $67B for Iran War,
Army Times, Cost of Iran war rises to $37.5 billion, Pentagon requests $67.1 billion more,
The Hill, HegsethTrump's $1.5T defense budget request a message to the world,
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