# Military Spending vs Veteran Needs

Page: https://stenobird.com/podcast/reno-news-today-2-min-news-the-daily-news-now-7571855/military-spending-vs-veteran-needs
Text version: https://stenobird.com/podcast/reno-news-today-2-min-news-the-daily-news-now-7571855/military-spending-vs-veteran-needs.md
Podcast: [Reno News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/reno-news-today-2-min-news-the-daily-news-now-7571855)
Published: 2026-06-06T00:06:25+00:00
Episode link: https://api.fastcast.ai/audio/251b296e-3a15-4247-af00-6b0aceb1c0e6.mp3
Audio file: https://api.fastcast.ai/audio/251b296e-3a15-4247-af00-6b0aceb1c0e6.mp3
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Duration seconds: 116

## Resource

Iran’s escalating conflict is draining billions—estimates now hit $29 billion, possibly soaring to a trillion—as we’ve depleted 45% of precision missiles and over half of our THAAD interceptors, each costing $15.5 million. The Pentagon’s asking for $50 billion more just to restock. Amid this, defense spending is set to jump 42% in 2027—the largest since WWII—while social programs like Medicaid and childcare face cuts. Veterans, especially in Nevada (over 340,000), who rely on Medicaid but don’t qualify for VA benefits, are hit hardest. Meanwhile, defense contractors and energy giants cash in: Lockheed Martin and Northrop Grumman saw $25–30 billion in shareholder gains, energy profits doubled, and everyday costs rise. The real failure? Not the troops, but leadership prioritizing profit over people. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/c52660d11886545e

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## Transcript

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