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Trump's proposed 'Golden Dome' estimated to cost $1.2 trillion, far more than he initially said

Trump's proposed 'Golden Dome' estimated to cost $1.2 trillion, far more than he initially said

Summary

President Donald Trump’s plan to build a missile defense system called the “Golden Dome for America” is now estimated to cost $1.2 trillion, much higher than his original estimate of $175 billion. The system aims to place weapons in space to detect and stop missile attacks and is partly inspired by Israel’s “Iron Dome” defense system.

Key Facts

  • The missile defense program is called the “Golden Dome for America.”
  • The Congressional Budget Office estimates the program will cost $1.2 trillion.
  • President Trump initially said the program would cost $175 billion.
  • The Trump administration ordered the missile defense system by executive order early in his term.
  • The system aims to stop missiles at different stages, using both ground and space-based parts.
  • Congress has approved about $24 billion for the program so far.
  • The program is partly inspired by Israel’s “Iron Dome” defense system against missile attacks.
  • The system is expected to be fully operational by January 2029, the end of Trump’s current term.
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