The White House announced on Friday, US President Donald Trump’s 2026 budget proposal cut non-defense domestic expenses, a total of $ 163 billion cuts, while the White House announced on Friday.
The proposal targets diversity initiative and climate change programs reflecting the political priorities of the administration. According to the news agency AP, it leaves detailed estimates especially for income tax, tariff, or federal deficit – a sign of significant political and financial challenges faces Trump as he pledges tax cuts and loans repayment, according to the news agency AP.
lass=”yoast-text-mark” />>While the President’s budgets are not binding, they serve as a major indicator of administration goals for the upcoming financial year. It marks Trump’s first budget since returning to the White House and underlines Republican efforts in the Congress as well as his second term.
Trump’s proposal comes in the midst of an unstable economic environment that comes in part by its own tariff policies. The White House has said what can be the amount of hundreds of billions of dollars in tax through tariffs, raise concerns about an economic recession between consumers, CEOs and global leaders.
>The top-rich figures released by the Office of Management and Budget (OMB), now under the leadership of Russell Wout-Project 2025 are a major figure-shows the “Skinny” version of the judgment, promising more nuances in the coming weeks. “Details soon,” Vugh told a cabinet meeting earlier this week.
>With the federal budget $ 7 trillion ahead of the $ 2 trillion annually, and the $ 1 trillion has an interest payment on national loan, the US loan has run a balloon up to $ 36 trillion. Most of these epidemic expenses, changes in tax codes, and health care programs related to aging such as Medicare and Medicade increase at the cost.
>The proposal of 2026 reflects the action of pre-cost cuts by Trump and the Department of Efficiency of the government, which now takes care of the advisor Elon Musk, including a trimmed-down federal workforce. It can also preview new revenue sources especially from tariffs.<br />Democrats are expected to oppose the scheme, it is called a blueprint to reduce important public programs. At the same time, the Republican Trump of the Congress is working to draft “large, beautiful bills” – a comprehensive legislative package to increase money for tax cuts, spending and increase funds for large -scale exile.
>House speaker Mike Johnson, who has met Trump several times this week, is aimed at passing the bill through the House by Memorial Day and forwarding it to the Senate. “We had a very productive and encouraging meeting at the White House this morning, and ‘The One, Big Beautiful Bill!’ After Thursday’s meeting with Trump and leaders of the leading committee, a statement said, “Johnson, R-La.,” Johnson, R-La.
Nevertheless, Division Republican remains within the rank as they try to pass a bill on Democratic protest. Johnson said, “We are waiting for some final calculations on some components, and we expect to be able to complete that work on a very aggressive schedule.”
>Cabinet officials are now preparing to testify to the Congress on their respective budget requests, which is expected to defend the administration’s plan in the coming weeks.
>An veteran of the conservative fiscal policy served in the same role during Trump’s first term and in Project 2025, a chapter gave a description of the overhaul of a federal government in a chapter. He is also preparing a $ 9 billion rescue package for the purpose of cutting the current 2025 funding for the US Agency for International Development and Corporation for Public Broadcasting, including PBS and NPR.
>On Thursday, Trump signed an executive order for federal agencies to prevent funding for PBS and NPR and an executive order for the corporation for public broadcasting – a step that aligns with the rescue package and may follow more cuts
