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Israel's Finance and Defense Ministries are locked in a bitter dispute over the soaring costs of the country's ongoing conflicts, with the military warning of security risks if budget disagreements are not resolved. The government has proposed a near-record defense budget, but tensions persist over the scale and management of military spending.
Japan's Defense Ministry has proposed a record ¥8.89 trillion (about $60 billion) budget for fiscal 2027, the highest ever, to strengthen deterrence amid regional tensions. The plan aims to lift defense spending to 2% of GDP by 2027, with investments in long-range weapons, missile defense, and modernization.
Taiwan's opposition-controlled parliament passed the government's annual budget on February 13, ending a record 266-day political impasse. The budget preserves funding for the drone program, despite earlier threats by the Kuomintang to cut it significantly, while other cuts were approved in areas like special allowances and military infrastructure.
Japan's Defense Ministry is considering a record ¥8.9 trillion ($60 billion) budget for fiscal 2027 to strengthen defense capabilities amid regional security challenges. The proposal, which would mark the highest ever defense spending, prioritizes missile defense, cyber, space, and deterrence. It follows Japan's commitment to increase defense spending to 2% of GDP by 2027.
The Trump administration has proposed an $87.6 billion supplemental budget to Congress, including funds for military operations against Iran, just a day after lawmakers voted to restrict presidential war powers. The proposal faces an uphill battle amid GOP divisions and Democratic opposition, with polls showing only 24% of Americans believe the war is worth the cost.
