{"id":14298,"date":"2025-06-02T13:46:17","date_gmt":"2025-06-02T20:46:17","guid":{"rendered":"https:\/\/familyenterpriseusa.com\/?p=14298"},"modified":"2025-06-03T13:47:00","modified_gmt":"2025-06-03T20:47:00","slug":"white-house-releases-additional-fy26-budget-details","status":"publish","type":"post","link":"https:\/\/familyenterpriseusa.com\/family-businesses\/white-house-releases-additional-fy26-budget-details\/","title":{"rendered":"White House Releases Additional FY26 Budget Details"},"content":{"rendered":"

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On Friday, May 30, the Trump administration released the\u00a0Technical Supplement to the 2026 Budget<\/a>\u00a0(\u201cAppendix\u201d). The appendix follows the May 2 release of the president\u2019s\u00a0recommendations<\/a>\u00a0on discretionary funding levels for fiscal year (FY) 2026 (\u201cSkinny Budget\u201d).<\/strong><\/h1>\n

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As outlined in the Skinny Budget, the proposed budget (\u201cBudget\u201d) 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.<\/em><\/strong><\/h2>\n

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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.<\/p>\n

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The need for fact-based reporting of issues important to family owned businesses<\/a> and protecting a lifetime of savings<\/a> has never been greater. Now more than ever, successful families<\/a> and family owned businesses<\/a> are under fire. That’s why Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to family owned businesses<\/a> built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates<\/a>, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift tax<\/a>, estate tax<\/a> and generation skipping tax<\/a>.<\/p>\n

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Family Enterprise USA<\/a> promotes generationally<\/a> owned family business<\/a> creation, growth, viability, and sustainability by advocating for family businesses<\/a> and their lifetime of savings with Congress<\/a> in Washington DC.\u00a0 Since 2007, Family Enterprise USA<\/a> has represented and celebrated\u00a0all sizes, professions and industries of family-owned enterprises and multi-generational<\/a> employers. It is a bi-partisan 501.c3 organization.\u00a0Family foundations can donate.<\/a><\/p>\n

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#incometax #CapitalGainsTax #R&DExpensing #DontPunishSuccess #GrantorTrusts #StepUpinBasis #likeKindExchanges #AcceleratedDepreciation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #incometaxrates #repealestatetax #AdvocatingForFamilyBusinesses #FamilyOwnedBusiness #WomenOwnedBusiness @FamilyEnterpriseUSA #FamilyEnterpriseUSA<\/p>\n

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On Friday, May 30, the Trump administration released the\u00a0Technical Supplement to the 2026 Budget\u00a0(\u201cAppendix\u201d). The appendix follows the May 2 release of the president\u2019s\u00a0recommendations\u00a0on discretionary funding levels for fiscal year (FY) 2026 (\u201cSkinny Budget\u201d).   As outlined in the Skinny Budget, the proposed budget (\u201cBudget\u201d) detailed in the Appendix would reduce nondefense base discretionary funding […]<\/p>\n","protected":false},"author":2,"featured_media":14306,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[48,92],"tags":[],"class_list":["post-14298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-businesses","category-multi-generational-business"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14298"}],"version-history":[{"count":5,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14298\/revisions"}],"predecessor-version":[{"id":14308,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14298\/revisions\/14308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/14306"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}