Elections Outlook Report - Flipbook - Page 31
Budget &
Appropriations
We expect a Republican-controlled
Congress to enact strategic and
significant budget cuts across
non-defense programs, much of which
will be proposed by the President. We
expect congressional Republicans to be
more loyal and cooperative in the budget
process with President-elect Trump in
his second term. While overall defense
funding will likely see an increase, it will
almost assuredly come from cuts to
other areas of the federal budget, as well
as a shift in resources away from foreign
military aid. Funding to Ukraine will likely
taper drastically, but we expect at least
modest funding for Israel and allied
countries in the Indo-Pacific to continue.”
Kolo Rathburn
