Spending Cut In US Budget

The White House is planning on Friday to unveil President Donald Trump's 2026 budget, a sweeping framework that is expected to propose steep reductions, if not a wholesale zeroing out, of various federal programmes as part of his administration's priorities. Budgets do not become law but serve as a touchstone for the upcoming fiscal year debates. Often considered a statement of values, this first budget since Trump's return to the White House carries the added weight of defining the Republican president's second-term pursuits, alongside his party in Congress. The White House's Office of Management and Budget, headed by Russell Vought, a chief architect of Project 2025, confirmed Friday's planned release. It is expected to be the so-called skinny version of topline numbers, with more details to come. Details soon, Vought said during a Cabinet meeting this week at the White House. The nation's estimated USD 7 trillion-plus federal budget has been growing steadily, with annual deficit

If passed by Congress and signed by President Trump, the deal would stop a potential debt default this fall and avoid automatic spending cuts next year

Healthcare, food assistance programs for poor most hit; boost for military spending