The White House is set to release President Donald Trump's 2026 budget, a framework expected to propose significant reductions, potentially eliminating various federal programs. This move highlights the administration's priorities and sets the stage for upcoming fiscal year debates in Congress.
Russell Vought, the Director of the Office of Management and Budget (OMB), confirmed the planned release of the budget. The budget aims to tackle the growing national debt, which stands at $36 trillion. It may also introduce new revenue streams from Trump's tariffs program.
The budget is expected to propose $163 billion in cuts to non-defense discretionary spending, while increasing funding for defense and border security. These proposed changes reflect a focus on shifting resources towards national security and away from programs deemed unproductive or unnecessary.