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Trump’s budget indicates $163 billion cuts

Gulf Today

|

May 04, 2025

After launching the tariff attack on America’s business and trade partners across the globe, President Donald Trump is turning inward as it were, and doing the things he believes will help America become great again.

While the tariffs were increased, he is cutting down government budgetary support for what he believes to be wasteful expenditure.

And in this category of wasteful expenditure he includes education and other social welfare measures that are meant to help Americans struggling to make ends meet. The White House Office of Management and Budget has proposed a cut of $163 billion in the 2025 budget. And true to his offensive credo, he has increased expenditure for defence and for homeland security.

The defence budget has been increased by 13 per cent, and the homeland security budget by 65 per cent. Non-defence discretionary spending has been cut down by 23 per cent. The Office of Management and Budget (OMB) Director Russ Vought said, “At this critical moment, we need a historic budget - one that ends the funding of our decline, puts Americas first, and delivers unprecedented support to our military and homeland security.”

WEITERE GESCHICHTEN VON Gulf Today

Gulf Today

Gulf Today

Al Nasr down Al Dhafra as Dibba salvage draw against Al Wahda

Al Nasr secured a confident victory on Friday, defeating Al Dhafra 2-0 in Matchweek 8 of the Adnoc Pro League after a dominant first-half display at Al Maktoum Stadium.

time to read

2 mins

November 22, 2025

Gulf Today

Gulf Today

Initiatives to strengthen Dubai's private-sector competitiveness

Dubai Chamber of Commerce (DCC's), one of the three chambers operating under the umbrella of Dubai Chambers, recently hosted the fourth quarterly meeting of Business Groups and Business Councils for 2025.

time to read

3 mins

November 22, 2025

Gulf Today

Gulf Today

G+D marks 25 years of operations in UAE

Giesecke+Devrient (G+D), the global security tech company headquartered in Munich, is celebrating 25 years of operations in the United Arab Emirates, marking a major milestone in its partnership with the region's governments, central banks, and enterprises.

time to read

1 min

November 22, 2025

Gulf Today

50-year mortgages won’t fix the affordability crisis

Bill Pulte, director of the Federal Housing Finance Agency, recently floated the idea of offering people a 50-year mortgage instead of the more conventional 30-year financing option. it sounds attractive at first because stretching out repaying of a mortgage would lower the borrower's monthly payment, but this wouldn't fix the homeownership affordability crisis.

time to read

2 mins

November 22, 2025

Gulf Today

HC quashes vigilance court order against ADGP

In a significant relief to both the Left Democratic Front (LDF) government and senior IPS officer MR Ajith Kumar, the Kerala High Court (HC) on Friday set aside a Special Vigilance Court order that had cancelled the clean chit earlier granted to the Additional Director General of Police (ADGP) in a disproportionate assets case.

time to read

1 mins

November 22, 2025

Gulf Today

UAE ranked third largest donor of aid globally

The United Arab Emirates has been ranked third largest donor of humanitarian aid globally for 2025, according to data published by the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) through its Financial Tracking Service (FTS).

time to read

1 mins

November 22, 2025

Gulf Today

Gulf Today

Second edition of Nafis Forum concludes

The Emirati Talent Competitiveness Council (ETCC) has successfully concluded the second edition of the annual Nafis Forum. Held at the Dubai Exhibition Centre in Expo City, the event offered an interactive platform to foster collaboration, innovation, and exchange of best practices in Emiratisation.

time to read

1 min

November 22, 2025

Gulf Today

UAE, EU boost cooperation on sustainable aviation fuels

The European Union and the United Arab Emirates jointly convened a high-level session on Sustainable Aviation Fuels (SAF) as part of the Dubai Airshow 2025 Sustainability Programme, highlighting the growing momentum for international cooperation on decarbonising the aviation sector.

time to read

1 min

November 22, 2025

Gulf Today

European leaders reassure Ukraine of continued support

The leaders of Germany, France and the United Kingdom spoke by phone on Friday with Ukrainian President Volodymyr Zelensky, assuring him of their continued support amid the war with Russia as European officials scrambled to respond to US peace proposals that apparently caught them unawares.

time to read

2 mins

November 22, 2025

Gulf Today

Citywide celebrations unveiled to mark Eid Al Etihad in Dubai

This 54th Eid Al Etihad, Dubai is transforming the long weekend into a citywide celebration of unforgettable moments for families and friends from Dec.l to 3.

time to read

2 mins

November 22, 2025

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