Domestic Affairs

President Trump Unveils 2026 Budget Proposal

Michael Frick

04 May 2025 — 5 min read

Photo by David Everett Strickler / Unsplash

President Donald Trump’s Fiscal Year 2026 budget proposal, unveiled on May 2, 2025, marks a significant shift in federal spending priorities, emphasizing a robust increase in defense and homeland security funding while proposing steep cuts to a broad range of non-defense discretionary programs. This budget, often described as a “skinny budget,” serves as a topline framework outlining the administration’s fiscal and policy goals for the upcoming year and reflects the priorities of Trump’s second term in office.

Overview of the Budget Proposal

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