President Donald Trump is set to request a historic $1.01 trillion national security budget for fiscal year 2025, marking the largest-ever allocation of its kind, according to Bloomberg sources within the White House.
The proposed budget, which begins on October 1, underscores a sharp increase from the $841 billion approved for 2024.
It reflects the administration’s heightened focus on military modernization and global defense readiness.
Key allocations include funding for the Golden Dome missile defense system, expanded investments in naval shipbuilding, and enhancements to the nation’s nuclear energy infrastructure. The proposal also incorporates a 3.8% salary increase for U.S. military personnel.
On April 8, Trump confirmed that his administration had finalized a defense budget approaching the $1 trillion mark, signaling a renewed emphasis on strategic deterrence and military preparedness amid growing global tensions.