July 11, 2025
Lewis-Burke has provided an analysis of the FY26 President’s budget request. This document provides a more comprehensive analysis of the Trump Administration’s fiscal year (FY) 2026 funding proposals for federal agencies of interest to the research, technology, education, and healthcare communities. Since Lewis-Burke’s initial June 5 budget assessment, the Trump Administration has released additional budget information for key agencies, such as the National Institutes of Health, the Department of Defense and the Department of Commerce. This document provides a more complete picture of FY 2026 funding proposals as well as an updated executive summary that provides the state of play for the federal budget and appropriations processes.