U.S. President Donald Trump is set to release his fiscal year 2026 budget on Friday, which will be sent to Capitol Hill for review, Axios reported on Thursday.
While the President's budget provides a framework for the federal government's spending priorities, it is up to Congress to craft and approve the final spending legislation. Typically, the budget proposals from the White House and the spending bills passed by Congress differ significantly.
The White House did not respond immediately to requests for comment regarding the details of the budget release.
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