President Trump's 'Golden Dome' Missile Defense System Estimated to Cost $1.2 Trillion
President Trump has proposed a 'Golden Dome for America' missile defense system, which is estimated to cost $1.2 trillion over 20 years, according to a Congressional Budget Office (CBO) report. This figure significantly exceeds the initial $175 billion estimate. The system, inspired by Israel's Iron Dome, aims to include ground- and space-based capabilities to detect and intercept missiles at various stages of an attack. The CBO's analysis highlights the lack of detailed plans from the Defense Department, making long-term cost estimation challenging. The project has already received $24 billion in funding through a tax and spending measure. General Michael A. Guetlein, director of the project, emphasized the focus on affordability, while Senator Jeff Merkley criticized the initiative as a financial burden on working Americans.