White House Requests Record $1.5 Trillion for Defense

Why it matters locally: Virginia's economy could see significant effects from the defense spending request, given the state's substantial military installations and defense contractor presence, including major facilities in Hampton Roads and Northern Virginia.

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The White House has submitted a request to Congress for $1.5 trillion to finance the Department of Defense. The administration is also expected to submit an additional funding request related to military operations concerning Iran. Members of Congress have expressed reservations about the proposed budget. Lawmakers are seeking greater transparency regarding the specific allocation and intended use of the requested funds.