President's Fiscal Year 2018 Budget Outline Released Today
Today the President released the Fiscal Year (FY) 2018 budget blueprint which provides an overview of the Administration’s overarching priorities for discretionary spending. It includes $37.6 billion for the Department of State and U.S. Agency for International Development (USAID), of which $12.0 billion is Overseas Contingency Operations funding.
The FY 2018 budget advances the national security interests of the United States by focusing on diplomatic efforts and foreign assistance programs that advance the security and prosperity of the American people.
The budget blueprint includes $3.1 billion to meet our security assistance commitments to Israel and supports other critical foreign assistance efforts, including global health and humanitarian assistance programs. The budget also supports diplomatic engagement activities, and ensures the safety of our diplomats by applying $2.2 billion towards new embassy construction and maintenance. The budget will support Department of State and USAID efforts to optimize organizational effectiveness, helping us work to efficiently achieve our diplomatic and development goals and objectives.
Later this spring the President will release the full FY 2018 budget request with more details on specific funding and programs requested for the Department of State and USAID, along with other Executive Branch agencies.
Please visit www.whitehouse.gov/omb/budget for more information about the FY 2018 budget blueprint.