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July 20, 2026

Defense Secretary Pete Hegseth Seeks $67 Billion Funding Boost Amid Urgent Military Budget Shortfall

  • Defense Secretary Pete Hegseth is expected to request $67 billion in funding to address urgent budget shortfalls caused by the ongoing conflict in Iran.
  • The Pentagon has been forced to divert funds from training and weapons purchases, limiting military preparedness as the conflict escalates.
  • Three U.S. service members have been killed in recent strikes, adding urgency to the funding discussions.