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White House to unveil Trump's 2026 budget, first since returning to power
The New Indian Express Sambalpur
|May 03, 2025
PRESIDENT Donald Trump's 2026 budget plan would slash non-defense domestic spending by $163 billion while increasing expenditures on national security, according to statements released by the White House on Friday.
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The budget showed a desire to crack down on diversity programs and initiatives to address climate change. But the administration has yet to release detailed tables on what it wants income taxes, tariffs, or the budget deficit to be—a sign of the political and financial challenge confronting Trump when he's promising to cut taxes and repay the federal debt without doing major damage to economic growth.
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