This part: Let's now adjust for inflation so you can see the budget squeeze.
$19.2 billion in 2016 dollars is worth $26.4 billion and change, once adjusted for inflation, in March 2026. Feel free to do it yourself. Magic of compounding.
24.4 for 2026 is notably less than 26.4. Budget squeeze.
24.4 for 2026 is notably less than 26.4. Budget squeeze.