President Trump's budget proposal for fiscal year 2026 would cut spending at the majority of departments and agencies.

To put U.S. military spending in context, consider GDP and population shares relative to the rest of the world, as of 2013. The pie charts demonstrate that the United States accounts for a larger ...

The discretionary budget excludes spending on Medicare and Medicaid, as well as Social Security and interest on the debt. The defense budget is expected to surpass the $1 trillion threshold ...