Trump plans to promote fiscal year budget of 2026 on Friday

by Andrea
0 comments

However, it is the responsibility of Congress to elaborate spending legislation, and what ends up being adopted usually differs greatly from the White House request

United States President Donald Trump plans to publicize his budget for the 2026 fiscal year and send him to the Capitol, according to a White House authority.

The White House Annual Budget request includes economic predictions, as well as detailed proposals on how much it should be spent by each government agency in the fiscal year that starts on October 1st.

However, it is the responsibility of Congress to elaborate spending legislation, and what ends up being adopted usually differs greatly from the White House request.

Trump plans to promote fiscal year budget of 2026 on Friday

Budget disclosure this year occurs while Republicans in Congress work to overcome internal divisions on cuts proposed to fund a tax reduction bill that expect to approve by July 4.

The budget also offers Trump an opportunity to further detail its economic agenda amid concerns that the US economy may be slowing down.

Source link

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC