Wednesday, 30 April 2025

“Golden Dome” GOP Unveils $150 Billion Defense Deal with Missile Shield

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Congressional Republicans are rolling out a $150 billion defense package.

And it’s tied to President Trump’s tax cuts.

It includes $27 billion for Trump’s Golden Dome.

What’s the “Golden Dome”?

It’s a missile shield. And Elon Musk’s SpaceX could play a hand in it.

Not sure why we don’t have one already, but glad they’re aiming to get one.

The funds will also be used for 14 new warships.

Reuters reports:

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 and bolstering shipbuilding, according to a document and a congressional aide.

The measure would supercharge the national defense budget with new money to build 14 warships and lift homeland security spending. This will add $150 billion to the already approved $886 billion national security budget for 2025. 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.

The Republican leaders of the House and Senate Armed Services Committees hammered out the legislation that will be unveiled as soon as Friday evening, Republican Senator Roger Wicker told Reuters in an interview. He is chairman of the Senate committee.

The measure, details of which have not been previously reported, includes a $27 billion investment in Golden Dome to build more missile interceptors and purchase Terminal High Altitude Area Defense (THAAD) antiballistic missile batteries, according to the congressional aide. THAAD is made by Lockheed Martin (LMT.N), opens new tab.

Elon Musk’s SpaceX and two partners have emerged as frontrunners to win a crucial part that would track incoming missiles as part of the Golden Dome program, Reuters reported last week.

The bill’s focus on strengthening the country’s military presence, particularly in the Indo-Pacific, is a key component of a broader strategy to prevent conflict.

“Strength, particularly in the Indo-Pacific, will make China less eager to break the status quo, which has led to a vast global prosperity among people who’ve never had it before. This is part of a plan to prevent war.”

Time to get that dome up!

This is a Guest Post from our friends over at WLTReport.

View the original article here.


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