Midterm Elections

Trump Budget to Frame Midterms With Defense Boost, Domestic Cuts

(Bloomberg) -- President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his party’s midterm election message around a massive defense buildup, partially paid for by cuts to domestic agencies and health-care entitlements. A governing vision that directs tax dollars to the Pentagon amid an unpopular Iran war represents a political risk for the White House, especially against a backdrop of spiking gasoline prices. Trump could also face resistance from