The United States plans to create a record-breaking $1.5 trillion defense budget and expects real GDP growth of 3.1% in the fiscal year 2027.

ME News message, April 3 (UTC+8), according to Jinz10 Data, the Trump budget proposal is expected to deliver actual GDP growth of 3.1% in fiscal year 2027. The Trump budget proposal is expected to collect $464 billion in tariff revenue in fiscal year 2027. , U.S. President Donald Trump released an outline of the fiscal year 2027 budget proposal, planning to request $1.5 trillion in defense spending, including about $1.1 trillion for the Department of Defense and $350 billion for key munitions procurement and expansion of the defense industrial base. The White House said it will cut $73 billion in non-defense spending under the “strict adherence to the total spending red line,” covering areas such as education and environmental protection. More detailed budget documents will be released later. The proposal includes expanding missile-munitions production capacity, procuring 34 vessels (including a new battleship and a new type of frigate named after Trump), funding the “Gilded Dome” missile defense system, and more. Relevant content must be reviewed and passed into law by the Congress controlled by the Republican Party before the new fiscal year. (Source: PANews)