U.S. Defense Secretary Pete Hegseth dropped a bombshell this week: America is gunning to boost military spending to over 3% of GDP, while urging NATO allies to double their targets to 5%. 💥 The proposal, floated during a press briefing in Germany, has sparked heated debates across Europe and beyond.
\"We need to invest in capabilities that match today's threats,\" Hegseth said, taking a swipe at the Biden administration's past defense budgets. But his call for NATO members to ramp up spending—\"those in the neighborhood should invest the most\"—is hitting roadblocks. German Chancellor Olaf Scholz called the 5% goal \"unrealistic,\" noting it would cost Germany over $200 billion annually. 😳
Meanwhile, Hegseth confirmed U.S. troops won’t be sent to Ukraine, but teased a \"rapid peace deal\" plan from former President Trump. The news follows Congress’ approval of an $895 billion defense bill for 2025—a modest 1% increase from last year. 📈
Fun fact: The U.S. already spends 3.4% of GDP on defense, per World Bank data. Will Europe bite the bullet? Stay tuned. 🔍
Reference(s):
cgtn.com