Trump's budget proposal for 2026 plans to cut spending by billions of dollars.
According to reports, President Trump's administration plans to cut billions of dollars in spending on support for childcare, health research, Education, and housing projects in its fiscal year 2026 budget proposal. The report cites preliminary documents that say the plan will also involve Community development and housing assistance, with the White House Office of Management and Budget (OMB) currently finalizing the plan. An OMB spokesperson stated, "No final funding decisions have been made yet." The New York Times quoted two people familiar with the matter as saying that the White House is expected to announce the budget as soon as next week. The report also mentioned that a second measure will be announced next week, which will cut previous funding for this fiscal year.
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The USA Department of Defense is experiencing continuous leaks, with a former spokesperson claiming a "total collapse".
The former spokesperson for USA Secretary of Defense Peter Hegseth stated that during the first few months of Trump's second term, the Pentagon was overwhelmed by leak incidents and personnel changes, calling it a "total collapse" that might cost this Secretary of Defense his job. This warning came from John Ullyot, who initially served as the Pentagon spokesperson and resigned last week. Three senior Pentagon officials previously issued a joint statement, reportedly after being dismissed in the Pentagon's investigation of the leak incidents; they stated that they did not know why they were being investigated, nor were they aware if a leak investigation was even ongoing.
Press Release: The New York Times Company to Announce First-Quarter Financial Results on May 7, 2025
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