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Budget

Pentagon Details Plan To Increase Reconciliation Spending To Over $150 Billion In FY ‘26

By Matthew Beinart

Monday, February 23rd, 2026

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Pentagon Details Plan To Increase Reconciliation Spending To Over $150 Billion In FY ‘26

Secretary of Defense Pete Hegseth delivers remarks at Marine Corps Base Quantico, Va., Sept. 30, 2025. (Photo by U.S. Navy Petty Officer 2nd Class Aiko Bongolan)

The Pentagon will now look to spend over $150 billion in reconciliation funds this fiscal year, submitting a plan to Congress outlining efforts to advance the Golden Dome missile defense project, build more ships, expand munitions and drone manufacturing, boost low-cost weapons production and accelerate the Navy’s F/A-XX future fighter program. The plan represents a large increase from the $113 billion in reconciliation funds the Trump administration had originally projected to spend in FY ‘26, and means the Pentagon will…

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