Senate Democrats block the 2027 NDAA over Trump’s unauthorized Iran war, stalling a $1.5 trillion defense request and raising threats of a government shutdown.
Browsing: Budget
A detailed CSIS breakdown of the ~$40 billion Epic Fury Cost, from munitions and base repairs to the looming budget fight.
A critical evaluation of Libya’s governance deadlock, tracking the geopolitical friction between elite financial compacts and institutional stabilization.
The Iran War has laid bare a defense funding crisis that is now forcing the military to rob its future readiness to pay for today’s operations.
Libya’s surging crude production cannot rescue its failing economy while rival political elites weaponize revenues and trigger severe inflation.
“You just can’t come up here with an invoice and say, you know, ‘pay this’ and expect to have great cooperation going forward.”
Iran chokes Iraq’s budget: 94% oil exports via Hormuz halted, production down 70%, $6-7B monthly losses.
While PM Takaichi pledges a “golden age” for the U.S.-Japan alliance and an expedited 2% GDP defense target, complex fiscal constraints, a new political coalition, questionable procurement plans, and stalled high-level dialogue threaten to undermine Tokyo’s ambitious security pivot.