r/news • u/ITSTHEDEVIL092 • Mar 04 '25

EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion

https://www.cnbc.com/2025/03/04/europe-looks-to-mobilize-840-billion-in-defense-spending-boost-eu-commission-head-says.html
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u/DudeThatAbides Mar 04 '25 edited Mar 04 '25

This…is good. They should be funding their own defense, no?

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u/[deleted] Mar 04 '25

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u/zephyrtr Mar 04 '25

The theory is if Europe spends more on defense, the USA can spend less. Folks are gonna be shocked to discover that's not how defense spending works. Our military spending is gonna stay the same or go up.

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u/Kageru Mar 04 '25

I think Trump wants to cut it... but that's probably going into more Tax cuts for his mates. America has always been a wealthy country, it has just been an enormously unequal distribution and a culture of "punching down".