Robert Besser
24 Feb 2025, 11:50 GMT+10
WASHINGTON, D.C.: The Pentagon said this week that it has asked the military to find ways to cut about $50 billion from the 2026 budget.
This money would be redirected to support President Donald Trump's top defense priorities.
According to Robert Salesses, who is acting as deputy defense secretary, "The Department will create a list of possible cuts to help fund these priorities and refocus on its main goal of preventing and winning wars."
These cuts would amount to eight percent of the Biden Administration's planned 2026 budget and would be used for programs that match President Trump's defense goals.
Get a daily dose of Switzerland Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Switzerland Times.
More InformationDUBLIN, Ireland: Ireland's homelessness crisis has hit a devastating new record, with 15,418 people living in emergency accommodation...
SHANGHAI, China: BMW is set to incorporate artificial intelligence from Chinese startup DeepSeek into its upcoming vehicle models in...
BRUSSELS, Belgium: European pharmaceutical companies are pushing for higher drug prices across the EU, warning that current pricing...
BERLIN, Germany: Swiss solar panel manufacturer Meyer Burger is scaling back operations at its German facility due to short-term supply...
TOKYO, Japan: Toyota's Hino Motors and Daimler Truck's Mitsubishi Fuso are edging closer to a long-awaited merger of their truck operations,...
DUBLIN, Ireland: Social media companies could soon be required to disable addictive algorithm-driven feeds for children, under a new...
WASHINGTON, D.C.: This week, U.S. Supreme Court justices seemed open to letting fuel companies challenge California's strict vehicle...
WASHINGTON, D.C.: The Trump administration announced this week that it will create a fast-track approval process for energy and mining...
JERUSALEM - More than 80 ambassadors and heads of mission from across the world were addressed by Israeli Prime Minister Benjamin Netanyahu...
WASHINGTON, D.C.: U.S. lawmakers are turning up the heat on China's biggest telecom firms, issuing subpoenas to compel their cooperation...
BRUSSELS, Belgium: European pharmaceutical companies are pushing for higher drug prices across the EU, warning that current pricing...
WASHINGTON, D.C.: A nuclear power plant in Michigan is hoping to become the first in the U.S. to restart after being permanently shut...