Published: May 03, 2025, 02:50 IST | Updated: May 03, 2025, 02:50 IST
World May 03, 2025, 02:50 IST
Trump unveils $163 billion budget cut in new 2026 blueprint; prioritises defence, security funding
US President Donald Trump's administration on Friday proposed a $163 billion cut to federal spending next year, which would eliminate more than a fifth of the non-military spending excluding mandatory benefit programs.