The first federal budget process under the Trump administration has officially kicked off. But it’s a long, winding road to the final budget as President Trump lays out his expectations, agencies lay out theirs and the House and Senate weigh in.
The opening salvo came on Monday, when administration officials said Trump plans to request a $54 billion increase in defense spending, which currently totals $584 billion and makes up 49 percent of the discretionary federal budget. The U.S. defense budget is the largest in the world, nearly tripling its closest competitor, China. To offset the increase, other agencies will have to cut their spending.
President Trump speaking at the Conservative Political Action Conference last week.