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The US government plans budget cuts of $163 billion. Part of it could flow into defense. It remains a megatrend - also in Europe.

S. Bank
Reading Time: 4 minutes

The US government under Donald Trump plans, according to a report by the New York Times, drastic cuts in the budget for 2026 for programs related to childcare, health research, education, housing, and community development. The figure mentioned is $163 billion. Additionally, previously approved spending of over $9 billion is to be cut in the current fiscal year – including funding for public media outlets like PBS and NPR. Such austerity measures for social programs indicate a reallocation of state funds – in favor of other priorities like...

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