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Fact-check · Sep 12, 2026 · Donald Trump

“Under our leadership, we've made record investments the United States military”

MISLEADING
What the record shows
FY2026 defense spending totals ~$1.05 trillion in nominal dollars, the largest single appropriation in US history. However, in inflation-adjusted constant 2024 dollars, it remains ~12% below the 2010 peak of $1,061.7bn. The claim's use of 'record' without context conflates nominal dollars with real spending levels.
Sources
▶ Watch the broadcast
From: President Trump Delivers Remarks to U.S. Embassy Personnel and Business Leaders

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