Politics Business US & Canada

Trump's 2027 budget proposal

Trump's 2027 budget proposal

The budget assumes faster long-term economic growth than many economists expect, driven by the administration's tariff and immigration policies.

While military outlays would see a 40% increase, funding for medical research and national parks would be slashed.

The proposal also includes $152 million to restore Alcatraz as a state-of-the-art federal prison.

Senate leaders have already signaled that Congress may reject many of the proposed eliminations to domestic spending.