President Trump's budget proposal for fiscal year 2026 would cut spending at the majority of departments and agencies.

US President Donald Trump’s administration on May 2 proposed a US$163 billion (S$211 billion) cut to the federal budget that ...

"All of this domestic discretionary spending, which is essentially where 100% of the conversation is, is small as a percentage of federal spending and is declining ... When people are focusing on ...

Nondefense discretionary funding 4% of G.D.P. 3% Note: Amounts are base funding (nonemergency). This category includes everything Congress must authorize each year, but not “mandatory spending ...

(Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reiterated the long-held view of Fed chairs going back decades that growth in the U.S. federal debt needs to be reined in, but he ...

A PDF version of this document with embedded text is available at the link below: IDENT OF THE UNITED STATES XECUTIVE ... Cutting such spending from the discretionary budget leads to significant ...