President Trump is set to propose significant cuts of $163 billion to non-defense discretionary spending for the 2026 fiscal year in a “skinny budget” to be released soon. These cuts, outlined in the budget, do not affect safety nets like Medicare, Medicaid, and Social Security, as they fall under mandatory spending. The proposed cuts amount to a substantial 22.6% reduction in projected spending for the current fiscal year, as reported by the Wall Street Journal. The details were confirmed by an unnamed spokesperson from the White House Office of Management and Budget. The “skinny budget” serves as a preliminary overview of the budget proposals, with a more comprehensive budget release expected later. This developing story will continue to unfold as more information becomes available.