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The President’s Budget Doesn’t Address National Debt, and Calls for Highest Defense Spending in History

As lawmakers prepare the fiscal year 2027 (FY2027) appropriation bills, the Administration’s budget submission sets out its funding requests for executive agencies. The Administration would increase total discretionary spending from the $1.7 trillion enacted in fiscal year 2026 to $1.8 trillion in fiscal year 2027. However, the submission does not substantively address major mandatory spending…