HOUSE_OVERSIGHT_033220.txt

President Trump has promised to increase defense spending with support from key members of Congress. If a large multiyear plan is approved, it would represent a significant reversal from the weakest trend in defense spending in the past 50 years. The details of Trump's first Pentagon budget will form part of the overall budget he'll submit to Congress in late February or early March. The actual funding request for the current fiscal year must be completed by April 30, and Trump's blueprint for the Pentagon budget could set the baseline for defense spending for at least the next four years. Senator John McCain argues that the US has underinvested in the military for several years and calls for a $640 billion defense budget for fiscal year 2018, which is $58 billion above the current budget baseline.