May 2, 2025 11:46 AM
Trump plans to unveil federal budget proposal on Friday
U.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a White House official. The annual White House budget request includes economic forecasts as well as detailed proposals about how much money should be spent by every government agency for the year that starts on October 1. However, it is the responsibility of Congress to craft spending legislation, and what lawmakers ultimately adopt typically differs dramati...