WASHINGTON (AP) — President Donald Trump's plan to put weapons in space — pitched as a “Golden Dome for America” missile defense program — is estimated to cost $1.2 trillion over a 20 year period, according to a new analysis from the Congressional Budget Office, a far heftier sum than the initial $175 billion price tag he gave last year.
The nonpartisan CBO report, published Tuesday, is described as an analysis that reflects “one illustrative approach rather than an estimate of a specific Administration proposal.”
The futuristic system was ordered by Trump in an executive order during his first week in office. He said then that he expected the system to be “fully operational before the end of my term,” which wraps up in January 2029.
“Over the past 40 years, rather than lessening, the threat from next-generation strategic weapons has become more intense and complex with the development by peer and near-peer adversaries of next-generation delivery systems,” Trump said in his executive order, justifying the need for the missile defense system.
The CBO’s estimates are in part based on a lack of details from the Defense Department about what and how many systems will be deployed, “making it impossible to estimate the long term cost” of the Golden Dome system, the report says.
The concept for the missile system is at least partly inspired by Israel’s multitiered defenses, often collectively referred to as the “Iron Dome,” which played a key role in defending it from rocket and missile fire from Iran and allied militant groups as it prosecutes the war on Iran alongside the U.S.
The U.S. Golden Dome is envisioned to include ground and space-based capabilities able to detect, intercept and stop missiles at all major stages of a potential attack.
Congress has already approved roughly $24 billion for the missile defense initiative through Republicans' massive tax and spending measure signed into law last summer.
Sen. Jeff Merkley, D-OR, who requested the estimate from the CBO, said in response to the report that the missile defense project is “nothing more than a massive giveaway to defense contractors paid for entirely by working Americans.”
Last May, the president said the Golden Dome would cost $175 billion. The CBO last year estimated that just the space-based components of the Golden Dome could cost as much as $542 billion over the next 20 years.
FILE - President Donald Trump speaks in the Oval Office of the White House on May 20, 2025, in Washington. (AP Photo/Alex Brandon, File)
CANNES, France (AP) — The 79th Cannes Film Festival opened on Tuesday with politics, artificial intelligence and the shifting priorities of Hollywood taking center stage at the global film gathering on the French Riviera.
The festival launched with a tribute to director Peter Jackson, handing the “Lord of the Rings” filmmaker an honorary Palme d’Or. He was introduced by actor Elijah Wood, who played Frodo Baggins in Jackson's fantasy franchise, one of many notable faces on the Cannes red carpet, including Bong Joon Ho, Joan Collins, Heidi Klum and James Franco.
“I've never figured out why I'm getting a Palme d'Or. I'm not a Palme d'Or sorta guy,” said the shaggy haired New Zealand filmmaker.
Jackson was then serenaded with a rendition of the song “Get Back,” a nod to his lauded 2021 documentary about The Beatles. The director sat stage right mouthing the lyrics.
Jane Fonda and the Chinese-Singaporean star Gong Li officially opened the festival, with Fonda declaring: “Cinema has always been an act of resistance.”
It was a fitting observation for a film festival that has already seen politics take center stage. At the introduction of the jury that will decide the Palme d’Or, Cannes’ top honor, jury members spoke bluntly about holding a film festival during a time of geopolitical conflict.
Paul Laverty, the Scottish screenwriter known for his films with director Ken Loach, pointed toward this year's Cannes poster, of “Thelma and Louise,” while discussing attending Cannes during what he called “genocide in Gaza.” Quoting “King Lear,” he said: “Madmen lead the blind.”
“Cannes has a wonderful poster,” said Laverty. “Isn’t it fascinating to see some of them like Susan Sarandon, Javier Bardem and Mark Ruffalo blacklisted because of their views in opposing the murder of women and children in Gaza? Shame on Hollywood people who do that.”
The nine-member jury is being presided over by Park Chan-wook, the South Korean filmmaker of “Oldboy” and “No Other Choice,” who said that politics and cinema go hand in hand.
“Art and politics are not concepts that are in conflict with each other,” said Park. “One cannot disqualify a film on the pretext that it has a political message. Just as one cannot reject a film because it would not be political enough.”
Other jury members include Chloé Zhao, Stellan Skarsgård, Ruth Negga and Demi Moore, who two years ago was celebrated in Cannes for her comeback performance in “The Substance.”
Moore spoke about a topic that's already dominated conversation at this year's festival.
“AI is here, and so to fight it is to, in a sense, to fight something that is a battle that we will lose,” she said. “So to find ways in which we can work with it, I think, is a more valuable path,” she said. “Are we doing enough to protect ourselves? I don’t know. My inclination would be to say probably not.”
What isn’t at Cannes has been as buzzed about as much as what is. Hollywood is largely absent this year.
While recent blockbusters like “Top Gun: Maverick” and “Elvis” have touched down at previous incarnations, studio films this year have been either scared away by the possibility of a rocky reception or by the high cost of flying in A-listers to the Cote d’Azur. The closest thing in Cannes' slate is an anniversary celebration for “Fast & Furious.”
Cannes artistic director Thierry Frémaux said Hollywood “is reshaping” in the midst of Paramount Skydance’s proposed acquisition of Warner Bros. Discovery.
“I hope the studio films will come back,” Frémaux told reporters on Monday.
Cannes has become better known for its lengthy standing ovations than its boos.
This year, a long list of big-name filmmakers will have center stage. Among the filmmakers set to unveil new movies are Pedro Almodovar (“Bitter Christmas”), James Gray (“Paper Tiger”), Na Hong-jin (“Hope”), Pawel Pawlikowski (“Fatherland”) and Ryusuke Hamaguchi (“All of a Sudden”).
If Cannes has waned as a global launchpad for studio releases, it has grown as a breeding ground for Oscar contenders.
Two years ago, Sean Baker’s “Anora” won the Palme before winning best picture. Last year, Cannes selections like “Sentimental Value,” “The Secret Agent” and “It Was Just an Accident” went on to play prominent roles in awards season.
More often than not, the specialty distributor Neon has been at the forefront of the Cannes-to-Oscars pipeline. Neon has backed the past six Palme d’Or winners, an unprecedented streak that it may be poised to extend. The company is attached to more than a quarter of the 22 films in competition for the Palme d’Or.
While Cannes may be light on big Hollywood movies, it isn’t lacking in stars. Set to appear over the next two weeks are Kristen Stewart, Barbra Streisand, Adam Driver, Javier Bardem, Michael Fassbender, Cate Blanchett, Rami Malek, Sebastian Stan, Sandra Hüller and many others.
How much any of this will serve as backdrop for “The White Lotus” remains to be seen. The fourth season of Mike White’s acclaimed HBO series is based around a trip to Cannes. Last month, the show began shooting on the French Riviera.
Crew members install the red carpet at the Palais des Festivals ahead of the opening ceremony of the 79th international film festival, Cannes, southern France, Tuesday, May 12, 2026. (AP Photo/Andreea Alexandru)
Jury member Demi Moore poses for photographers at the jury photo call at the 79th international film festival, Cannes, southern France, Tuesday, May 12, 2026. (AP Photo/John Locher)
Jury president Park Chan-wook, third from left, poses with jury members Ruth Negga, from left, Demi Moore and Chloé Zhao at the jury photo call at the 79th international film festival, Cannes, southern France, Tuesday, May 12, 2026. (AP Photo/Andreea Alexandru)
Peter Jackson, recipient of the honorary Palme d'Or, poses for photographers during a photo call at the 79th international film festival, Cannes, southern France, Tuesday, May 12, 2026. (AP Photo/Andreea Alexandru)
Jury member Demi Moore poses for photographers at the jury photo call at the 79th international film festival, Cannes, southern France, Tuesday, May 12, 2026. (AP Photo/Andreea Alexandru)
A person walks past the Cannes film festival signage prior to the 79th international film festival, Cannes, southern France, Monday, May 11, 2026. (AP Photo/Andreea Alexandru)
A view of the old town prior to the 79th international film festival, Cannes, southern France, Monday, May 11, 2026. (AP Photo/Andreea Alexandru)
People walk past the Palais des Festivals during preparations for the 79th international film festival, Cannes, southern France, Monday, May 11, 2026. (AP Photo/Andreea Alexandru)
Hotel Martinez during preparations for the 79th international film festival, Cannes, southern France, Monday, May 11, 2026. (AP Photo/Andreea Alexandru)
A person takes a photo outside the Palais des Festivals during preparations for the 79th international film festival, Cannes, southern France, Monday, May 11, 2026. (AP Photo/John Locher)