Eyes on Washington: FY 2018 Budget Request

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The Trump Administration on May 23, 2017, released a full budget blueprint for FY 2018, titled A New Foundation for American Greatness. The full FY 2018 budget proposal is based on the March 2017 "skinny" budget outline. The budget represents a $4.1 trillion spending plan, and projects $3.65 trillion in revenue collections in 2018.

While the congressional appropriations process will likely ignore and avoid many of the cuts contained in President Donald Trump's request, the proposal serves as a reflection of the White House's priorities and could lead to negotiated cuts in some programs.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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