Republicans in the U.S. Congress plan to introduce a sweeping $150 billion defense package that will give an initial $27 billion boost to President Donald Trump’s controversial Golden Dome missile defense shield, according to a document and a congressional aide.

The measure, which will be in addition to the approved $886 billion national security budget for 2025, would also fund the building of 14 warships and lift homeland security spending. It will be part of Trump’s sweeping tax cuts bill, which will cut taxes by about $5 trillion and add approximately $5.7 trillion to the federal government’s debt over the next decade.

  • outrageousmatter@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    24 hours ago

    Republicans when trying to explain why they cut social programs “We have a huge deficit and no surplus”. Republicans when trying to explain a golden dome “We need to protect our country from, immigrants who come in from… the Tren de Aragua gang, who comes in our nation from…” They will find some reason don’t worry to explain why they need a golden dome soon.

  • Greyghoster@aussie.zone
    link
    fedilink
    arrow-up
    15
    ·
    1 day ago

    If you are no good at diplomacy then I expect that building a dyke to keep the invaders out would seem worth while. All other presidents seemed to get by without it and history shows that whatever defences you build, some cunning adversaries will find a way around them.

  • manxu@piefed.social
    link
    fedilink
    English
    arrow-up
    7
    ·
    1 day ago

    I sort of start having the sense that America will have a hard time finding buyers for its $5.7 trillion debt.

  • Jode@midwest.social
    link
    fedilink
    English
    arrow-up
    7
    ·
    1 day ago

    Honest question for those that can do the math. How much Healthcare could this buy us?

    • Capt. Wolf@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      edit-2
      1 day ago

      Spread across the estimated American population, that’s about $78, if my calculator is right. Given that my last clinic visit,since doctors won’t even see you anymore if you’re sick here, had a $100 copay, I’m gonna say not a lot.

      A quick Google search says that healthcare cost Americans about $4.9 trillion in 2023, so not exactly a drop in the bucket.

      • Gordito@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        1 day ago

        78$? Not the right answer. Trillion not billion. Do the math.

        Edit: I was referring to tax cut amount. My bad.

          • Capt. Wolf@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            edit-2
            1 day ago

            But yeah, the total tax debt added is over the next decade, $5.7 trillion.

            Annually that’s $570 billion. At around 347 million citizens, that’s about $1643 dollars annually per citizen. Just about 10% of the average annual cost per citizen, if Google is correct about that number being around $14k.

            If we’re going by that $5 trillion tax cut, no idea if that’s a 10 year estimate, but I feel like it’s got to be, $1,440 per person annual. Otherwise just multiply by 10 for $14,400 which would in fact be enough, or pretty close, to wipe out medical expenses nationally and effectively socialize the Healthcare system and do away with the health insurance industry. Not that that would ever happen.

            Also, if my math is wrong anywhere, sorry… Been awake over 24 hours.