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Trump Seeks $1.5 Trillion US Defense Budget for 2027

BY MT Newswires | ECONOMIC | 01/07/26 05:45 PM EST

05:45 PM EST, 01/07/2026 (MT Newswires) -- US President Donald Trump called for a 50% increase in US defense spending to $1.5 trillion for 2027 in a Truth Social post on late Wednesday.

Trump said the boost would allow the country to build a "Dream Military" while maintaining national security.

Trump added that tariff revenue could fund the increase, reduce the national debt, and benefit moderate-income Americans.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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