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Trump pledges to increase missile defense spending by 'many billions of dollars'

President Donald Trump said he's planning on increasing the defense budget by "many billions of dollars."

"We're going to be increasing our budget by many billions of dollars because of North Korea and other reasons having to do with the anti-missile," Trump told reporters Thursday at his New Jersey golf club.

It wasn't immediately clear how the president intends to achieve that spending increase. Trump said, however, that the...