President-elect Donald Trump's transition team has prepared a drastic plan to cut the federal budget, The Hill reports. The planned changes reportedly aim to shrink federal spending by $10.5 trillion over 10 years.
Among the budget-slashing proposals are reducing funding for the Commerce and Energy departments, including eliminating certain programs altogether; imposing significant budget cuts on the departments of State, Transportation, and Justice; privatizing the Corporation for Public Broadcasting, which distributes funding to nearly 1,500 locally owned public radio and TV stations; and eliminating the National Endowment for the Arts and National Endowment for the Humanities, which disperses grants to cultural institutions and humanities programs.
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