U.S. President Donald Trump plans to release his fiscal year 2026 budget on Friday and will send it to Capitol Hill, according to a White House official. The annual White House budget request includes economic forecasts as well as detailed proposals about how much money should be spent by every government agency for the fiscal year that starts on October 1.

The White House unveiled the “skinny” version of its budget proposal Friday morning for the next fiscal year. In a letter to Senate Appropriations Committee Chair Susan Collins