President Trump is expected to announce a $163 billion reduction in non-defense discretionary spending for the fiscal year 2026, identified as a 22.6% cut from the current year's budget. This 'skinny budget' will outline budgetary priorities but excludes safety programs such as Medicare, Medicaid, and Social Security. The announcement has been confirmed by a White House Office of Management and Budget spokesperson, indicating a strategic budget approach reflecting Trumpâs fiscal policies. This represents an early step in the budgeting process, which will later see more detailed proposals.
President Trump plans to propose $163 billion in cuts to non-defense discretionary spending for the 2026 fiscal year, representing a 22.6% reduction in spending.
The cuts apply to annual spending that Congress authorizes, excluding safety nets like Medicare, Medicaid, and Social Security. This aligns with Trump's broader budget strategy.
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