U.S. 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, APA reports citing Reuters.
The proposed budget would raise defense spending by 13% and homeland security spending by nearly 65% from 2025 enacted levels. Non-defense discretionary spending would be cut by 23% to the lowest level since 2017, the White House Office of Management and Budget said in a statement.
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