First Look: President’s “Skinny” Budget Highlights FY 2026 Priorities

/ 25-08

With the beginning of fiscal year (FY) 2026 just five months away, the administration has kicked off the annual budget process with today’s release of a “skinny” budget, which highlights top discretionary priorities. According to the release, overall defense discretionary spending would increase 13% and nondefense discretionary spending would be reduced by 23%. Several grant programs are recommended for elimination or consolidation.

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