Europe should resist any US efforts to include weapons purchases as part of a grand bargain on tariffs, the head of Germany’s ...

Republicans and Democrats and top military brass underscored in hearings Wednesday and Thursday that much of the budget must ...

House Republicans narrowly approved their budget framework Thursday, a political turnaround after Speaker Mike Johnson worked ...

From the latest tariff war turmoil to US promising to raise its military budget to record high, here’s a round-up from ...

Pentagon programs that are delayed and over budget by 15% or more could be cut, according to an executive order signed by ...

Defense Secretary Pete Hegseth said the terminations "represent $5.1 billion in wasteful spending" at the DOD.

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department ...

House Republicans narrowly approved their budget framework Thursday, a political turnaround after Speaker Mike Johnson worked ...

Senate Republicans are deeply divided over demands by House conservatives to cut at least $1.5 trillion, and possibly more, ...

House Republicans narrowly adopted a multitrillion-dollar budget framework on Thursday, paving the way for lawmakers to begin ...

Hegseth said the cuts are primarily eliminating excessive and expensive contracts, such as $1.8 billion in consulting contracts the Defense Health Agency awarded to various private firms.

U.S. defense secretary Pete Hegseth has signed a memo directing the termination of $5.1B in wasteful DoD contracts as part of ...