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White House Seeks $67B as Pentagon Nears Budget Exhaustion

7/21/2026

Summary

Story summary

The White House seeks $67 billion in emergency funding as the Pentagon nears budget exhaustion from President Donald Trump’s war with Iran.
Defense Secretary Pete Hegseth said on CBS that U.S. stockpiles are “great” even as he depleted armament stockpiles despite warnings.
Pentagon officials warn that budget lines could vanish within weeks, forcing cuts to training and maintenance, while the House will recess for month starting Thursday, delaying $67 billion funding decision.

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Story summary

The White House seeks $67 billion in emergency funding as the Pentagon nears budget exhaustion from President Donald Trump’s war with Iran.
Defense Secretary Pete Hegseth said on CBS that U.S. stockpiles are “great” even as he depleted armament stockpiles despite warnings.
Pentagon officials warn that budget lines could vanish within weeks, forcing cuts to training and maintenance, while the House will recess for month starting Thursday, delaying $67 billion funding decision.