“President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his party’s midterm election message around a massive defense buildup, partially paid for by cuts to domestic agencies and health-care entitlements,” Bloomberg reports.
“A governing vision that directs tax dollars to the Pentagon amid an unpopular Iran war represents a political risk for the White House, especially against a backdrop of spiking gasoline prices. Trump could also face resistance from within his own party over envisioned cuts to health and science agencies that Congress rejected last year on a bipartisan basis.”
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