The Department of Defense is capping indirect cost reimbursement rates for higher education institutions at 15 percent, according to a May 14 memo signed by Secretary of Defense Pete Hegseth.

The White House made official Friday that President Donald Trump wants the first ever $1 trillion defense budget.

(Mark Schiefelbein/AP) The Trump administration is requesting a $892.6 billion base defense budget for the upcoming fiscal year, an overall cut when adjusted for inflation and far below the $1 ...

Depending on which side of the political spectrum one happens to sit, President Donald Trump 's budget request for fiscal ...

The discretionary budget excludes spending on Medicare and Medicaid, as well as Social Security and interest on the debt. The defense budget is expected to surpass the $1 trillion threshold ...

Four prominent defense hawks on Capitol Hill on Friday slammed President Trump’s 2026 budget request as inadequate, arguing it would freeze defense funding for the second year in a row at a time ...

U.S. President Donald Trump’s administration has proposed a $163 billion reduction in non-defense spending, 22.6% below current-year expenditures. Due to its lack of details, the budget has been ...