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Tanvi Purohit is a Legislative Assistant for Holland & Knight's Washington, D.C. office.
Marissa Serafino is a Public Affairs Advisor for Holland & Knight's Washington, D.C. office.
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.
This memorandum provides a summary of requests for relevant agencies and programs.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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