President Trump is proposing to increase defense spending and decrease funding for agencies such as the Environmental Protection Agency. Trump's proposal for the 2018 budget year, which will be released Monday, won't include any significant changes to Social Security or Medicare. While The Pentagon is likely to see an increase in funding, non-defense agencies will most likely face major cuts. The proposed budget isn't final and agencies will be given the opportunity to argue against the cuts. The final budget proposal will likely be released in mid-March.