White House wants to move TMF to ‘pass the hat’ funding model

White House wants to move TMF to ‘pass the hat’ funding model

The Trump administration is zeroing out the Technology Modernization Fund for next year. But that doesn’t mean its coffers will be empty. As part of newly released fiscal 2026 budget details, the White House is proposing a new funding model for the TMF. The General Services Administration, which oversees the TMF, wants to make it a revolving or working capital fund of sorts. The legislative proposal would let “GSA, with the approval of OMB, to c…