Defense executives worry Trump's military splurge could backfire | Fortune
Briefly

Defense executives worry Trump's military splurge could backfire | Fortune
"If the expenditures blowout happens, and the rosy assumptions needed to offset the new outlays fail to materialize, America will edge even closer to a fiscal cataclysm prompted by a ruinous rise in interest expense."
"You need stable commitments, a stable economy with sustainable growth, to invest at this scale."
"Among some CEOs, there's a feeling that the decision-making is personal and beyond their control."
Defense executives express pessimism regarding Trump's proposed military spending increase of over 40% for 2027. Despite optimism about AI productivity gains, concerns about sustainability and strategic priorities dominate. Executives worry about the implications of a $39 trillion national debt and public opposition to military actions. They emphasize the need for stable economic conditions to support such spending. Additionally, there are feelings of instability due to past budget cuts and personal decision-making affecting their companies' futures.
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