💨 Abstract

President Trump's administration has proposed a $163 billion cut in federal spending for next year, with a focus on boosting defense and homeland security. The proposed budget aims to reduce non-defense discretionary spending by 23% and would eliminate more than a fifth of non-military spending excluding mandatory benefit programs. The budget plan seeks to fulfill Trump's pledge to strengthen the military and border security while reducing federal bureaucracy.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖