“In Washington President Trump followed through on his plans to escalate US military spending, proposing a budget that included $639 billion for the Pentagon — a $54 billion budget increase. Meanwhile, in Moscow, the Russian government has announced a 25% reduction in defense spending, the sharpest cut since the 1990s. This brings Russia’s total military budget for the year to around $50 billion dollars, less than Trump’s proposed increase.”
http://www.janes.com/article/68766/russia-announces-deepest-defence-budget-cuts-since-1990s
Trump Should Follow Putin on Military Spending
Last week was a tale of two cities.
https://mises.org/blog/trump-should-follow-putin-military-spending