On May 24 local time, U.S. President Trump delivered a speech at the graduation ceremony of the United States Military Academy at West Point in New York. When discussing the military budget, Trump stated that he would not cut the country's $1 trillion defense budget. Trump said: "A $1 trillion military budget. $1 trillion! Some asked if it could be cut? I stated clearly—there will not be a single dime less. If we want to cut, we can do so from countless other places..." If approved by Congress, the U.S. will enter the "$1 trillion defense budget era" starting from October 1 of this year, which is the beginning of the fiscal year 2026. This will represent an increase of nearly 12% over the fiscal year 2025 defense budget.