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Trump Unveils $1.5T Savings Plan, EPA Rollbacks, AI Export Rules

7/7/2026

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Story summary
  • President Donald Trump released a 2026 plan with 702 actions, increasing from 482 in 2025.
  • OIRA administrator Mark Paoletta projected $1.5 trillion FY 2026 savings versus $211.8 billion in FY 2025.
  • EPA must revisit vehicle standards and repeal fossil-fuel plant carbon rules.
  • It directs USDA to propose SNAP rule with retailer safeguards, work, food rules.
  • Commerce Department’s Bureau of Industry and Security (BIS) launch AI export framework, ease drone exports, add copper to national-security tariff list.