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On Friday, May 30, the Trump administration released the Technical Supplement to the 2026 Budget (“Appendix”). The appendix follows the May 2 release of the president’s recommendations on discretionary funding levels for fiscal year (FY) 2026 (“Skinny Budget”).
As outlined in the Skinny Budget, the proposed budget (“Budget”) detailed in the Appendix would reduce nondefense base discretionary funding by $163 billion to $1.45 trillion, a 22.6% decrease from enacted FY2025 levels, and increase defense spending by $119.3 billion to $1.01 trillion, a 13% increase.
The Appendix expands on the Skinny Budget by providing detailed Budget estimates for each Cabinet agency and other agencies funded through the federal appropriations process. For large agencies, information is generally broken down by major subagencies or bureaus or by major program area. For each of these groups, the Appendix includes suggested legislative language, information on obligations and other relevant budgetary figures, and a narrative explanation for appropriations levels, among other elements. In combination with the individual explanatory materials released by each agency, this provides a more fulsome explanation of the topline spending levels proposed by the administration, in addition to outlining key policy changes the administration plans to pursue.
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The need for fact-based reporting of issues important to family offices and successful families and protecting a lifetime of savings has never been greater. Now more than ever, family offices and successful families are under fire. That’s why Family Enterprise USA Action is passionately working to increase the awareness of issues important to family offices and successful families, while continuing to strengthen our presence on Capitol Hill.
Family Enterprise USA Action engages with legislators on Capitol Hill on behalf of family offices, successful families, and family-owned businesses. It is focused exclusively on the critical tax and economic policies that impact them. Since 1995, FEUSA Action has been the leading advocacy group working daily in Washington, D.C., to reduce and eliminate estate tax, gift tax, and generation skipping transfer tax while blocking increased income and capital gains taxes, the creation of a wealth tax, and other hostile policies that punish hardworking taxpayers and success in the U.S. It is a bipartisan 501.c4 organization.
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