Trump's 2020 Budget Requests $750Bln for Defence Spending, Up 4.7% From 2019

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US President Donald Trump has presented a 2020 fiscal year budget to the Congress that features increased military and domestic security spending and reduced spending on foreign aid. The budget would increase military spending by 4.8%, up to $750 billion. Trump’s budget also allocates $8.6 billion for the construction of a border wall with Mexico under the national emergency state.

The military part of the budget will be primarily aimed at “strategic” rivalry with Russia and China. It also mentions countering North Korea and Iran.

Foreign aid will be reduced by $13 billion, according to the proposed budget; but at the same time, it allows spending up to $500 million to boost security and reduce the “dependency” of countries in Europe, Eurasia and Central Asia on Russia, specifically in terms of arms. The State Department will receive $40 billion for efforts such as the denuclearisation of North Korea, competition with Russia and China, “aid” to the Venezuelan people, and the prevention of contagious disease epidemics at US borders.

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