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American Focus > Blog > Economy > Donald Trump says $175bn ‘Golden Dome’ will be completed during his term
Economy

Donald Trump says $175bn ‘Golden Dome’ will be completed during his term

Last updated: May 20, 2025 4:17 pm
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Donald Trump says 5bn ‘Golden Dome’ will be completed during his term
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The White House Watch newsletter is now available for free, providing valuable insights into what Trump’s second term means for Washington, business, and the world. Subscribers will gain access to exclusive content and analysis regarding the administration’s policies and initiatives.

One of the key developments in Trump’s second term is the announcement of a groundbreaking project known as the “Golden Dome” missile defense shield. With a projected cost of $175 billion, the Golden Dome aims to provide advanced protection against hypersonic missiles and nuclear threats. The project is expected to be operational within the next two to three years, with funding already allocated in the tax and budget bill before Congress.

The Golden Dome project has garnered significant attention, with Canada expressing interest in participating and contributing to the initiative. President Trump emphasized the importance of cutting-edge technology and collaboration with industry leaders such as SpaceX, Lockheed Martin, and RTX to develop the most sophisticated missile defense system in US history.

While the Golden Dome holds promise for enhancing national security, there are challenges ahead, including the need for innovative technologies that do not yet exist. The project’s success will rely on the expertise of Silicon Valley and defense contractors to overcome these obstacles and deliver a comprehensive defense system.

As Congress considers additional funding for the Golden Dome, concerns have been raised about the project’s potential cost exceeding the initial estimates. The Congressional Budget Office has projected a total cost of up to $542 billion over 20 years, highlighting the importance of careful financial planning and oversight.

See also  Trump reaps $50bn tariff haul as world ‘chickens out’

In light of the project’s significance, the Defense Intelligence Agency has released a threat assessment outlining the potential missile attacks that the Golden Dome aims to counter. Additionally, Democratic lawmakers, led by Senator Elizabeth Warren, have called for a review of SpaceX’s involvement in the project due to concerns about conflicts of interest.

Overall, the Golden Dome project represents a bold step towards strengthening national defense capabilities and safeguarding against emerging threats. Subscribers to the White House Watch newsletter can stay informed about the latest developments and analysis surrounding this groundbreaking initiative. Unlock the newsletter today to access exclusive content and in-depth coverage of Trump’s second term agenda.

TAGGED:175bncompletedDomeDonaldGoldenTermTrump
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