Breaking news: Trump unveils budget seeking $163 billion in cuts
Spending on education, health, housing and more would be cut, while defense spending would increase.
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The New York Times

May 2, 2025, 12:19 p.m. ET

BREAKING NEWS

President Trump, wearing a blue suit and a light blue tie, walking outside with a helicopter in the background and a member of the military saluting him.
Haiyun Jiang for The New York Times

Trump Unveils Budget Proposal, Seeking Substantial Cuts Across Government

President Trump’s blueprint for the next fiscal year highlights his vision for Washington and is a dramatic retrenchment in the role and reach of the federal government.

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