Overview

• The FY 2026 budget proposal reduces non-military discretionary spending to $557 billion, cutting $163 billion from areas like education, environment, and foreign aid.
• Defense spending is set to rise by 13 percent to a record $1.01 trillion, marking a significant shift in federal priorities.
• Homeland security funding would see a 65 percent increase compared to FY 2025, reflecting a focus on national security initiatives.
• An executive order directs the Corporation for Public Broadcasting to halt federal funding for NPR and PBS as much as legally permissible.
• Congress, which holds the authority to approve federal spending, is expected to debate and potentially modify the proposal before the October 1 fiscal year deadline.