Research Universities

12 May: What’s in the FY26 Skinny Budget? Key Cuts, Priorities, and Next Steps

The Trump Administration has released its FY26 “skinny budget,” proposing steep cuts to non-defense spending, major shifts in R&D and climate funding, and new priorities in health, space, and national security. This high-level budget marks the start of the federal appropriations process, offering early insight into the administration’s policy direction and funding goals.