Trump unveils 2026 budget proposal with $163B in cuts; Major boost to Defence & Homeland Security - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Trump unveils 2026 budget proposal with $163B in cuts; Major boost to Defence & Homeland Security

U.S. President Donald Trump has unveiled his 2026 budget proposal, which includes a significant $163 billion reduction in non-defense spending. Key provisions of the plan involve boosting defence spending by 13% and increasing homeland security funding by nearly 65%. Trump's budget also proposes slashing funding for several federal programs.


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