Trump Proposes Significant Domestic Spending Cuts in 2026 Budget

Reported about 23 hours ago

In a preliminary outline for his 2026 budget, President Trump seeks a 23% cut in domestic agency funding, amounting to a $163 billion reduction, while proposing a $1.01 trillion boost in national security spending. This 'skinny budget' notably omits traditional economic forecasts and details on government debt and spending on entitlement programs. Key initiatives include a nearly 65% increase for the Department of Homeland Security and cuts to various domestic programs, alongside aggressive reductions in environmental and educational funding.

Source: YAHOO

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