A review of President Donald Trump's fiscal year 2027 budget request -- and the implications for the defense sector given the White House's $1.5 trillion ask for national security -- led Bloomberg Intelligence's April 6 version of the Washington Policy Pulse. While White House budget requests are never fully implemented by Congress, Trump's goal of $350 billion in additional funding for the Iranian conflict could come during another round of reconciliation. We also dove into the latest on efforts to re-open the Department of Homeland Security and previewed the funding fights for the rest of 2026.

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