Overview

• The FY2026 budget proposal reduces NASA funding from $24.8 billion to $18.8 billion, a 24% cut, pending Congressional approval.
• Key NASA projects, including the Mars Sample Return mission and the Gateway lunar orbital station, face cancellation under the plan.
• The Artemis program would see the Space Launch System and Orion capsule retired after Artemis III, shifting focus to private-sector spacecraft.
• Defense and homeland security budgets receive significant increases, alongside the establishment of additional military zones at the U.S.–Mexico border.
• The proposal includes tariff exemptions for Mexican auto parts and ongoing negotiations with China over fentanyl precursor controls.