Story perspectives
Trump Allies Slash Government Spending, Cut Key Agencies
2/21/2026
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Story summary
- U.S. President Donald Trump and his allies have reduced government spending, claiming a mandate.
- This has led to the closure of agencies like the Department of Education and USAID.
- The Environmental Protection Agency has faced major staff cuts.
- Following the Project 2025 plan, Republicans slashed Medicaid funding by hundreds of billions.
- Yet the 2026 budget remains similar to the prior year, per the Penn Wharton Budget Model.
