8 Billion Budget Boost In Military Spending Draws Mixed Reviews
But depending on who you ask, the spending commitments made by Treasury Secretary Chrystia Freeland on Thursday are either unfortunately too few or fortunately smaller than they could be, keeping funding for other areas of the budget. The key element is a plan to boost defense spending by $ 8 billion over five years, bringing the country’s defense spending for 2026-27 to 1.5 percent of Gross Domestic Product, from 1....