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Trump's Year of Government Cuts—and What Lies Ahead

Summary by Time Magazine
From the first days of his second term, President Donald Trump has been taking bites out of the federal government.  Sweeping layoffs, the dismantling of entire agencies and dramatic restructuring at others, and steep funding cuts have chipped away at departments, their staff, and their funding streams since Trump returned to the White House in January. [time-brightcove not-tgx=”true”] As a result, the U.S. government enters 2026 with a much sm…

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Fox News broke the news in New York, United States on Wednesday, December 31, 2025.
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