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Forbes
Forbes
2 May 2025


President Donald Trump’s proposed budget released Friday includes cuts to the National Institutes of Health and IRS, along with Environmental Protection Agency and subsidy programs for lower-income, for a total $163 billion reduction in non-defense spending.

US-POLITICS-EDUCATION

President Donald Trump delivers commencement remarks at the University of Alabama in Tuscaloosa, ... More Alabama, on May 1, 2025. (Photo by SAUL LOEB/AFP via Getty Images)

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The cuts to non-defense spending represent a 23% decrease from current spending levels, while defense spending would increase 13% and expenditures for the Department of Homeland Security would increase 65%, the Office of Management and Budget said.

The proposal is what’s known as a “skinny budget,” or an outline of the president’s spending priorities ahead of the release of a full budget plan later this month; the final spending plan will be determined by Congress.

This is a developing story and will be updated.