President Donald Trump has proposed a 25 percent cut to the signature military fund designed to offset Russian aggression in Eastern Europe, according to the Defense Department’s budget documents unveiled Monday.
Budget proposals for fiscal 2021 released Monday afternoon call for $4.5 billion for the European Deterrence Initiative, a fund started by the Obama administration in the aftermath of Russia’s 2014 invasion of parts of eastern Ukraine and annexation of the Crimean Peninsula, which sparked a conflict that continues to inflict casualties on both sides. The latest proposal represents a precipitous drop from the $6 billion enacted for the current fiscal year and $6.5 billion the year before. Congress approved funding in line with administration requests for those years. [Continue reading…]