Trump calls for famed Alcatraz prison to be reopened, expanded

The White House has released its proposed FY2026 budget Friday – which calls for $163 billion in cuts to federal spending, according to a letter that OMB Director Russell Vought sent to Congress alongside the proposal.

Many of those cuts will come from agencies, including the Department of Education, the Department of Health and Human Services, USAID and the Environmental Protection Agency, among others. But there are plans to increase funding in some areas – primarily for defense and border security.

"The President is proposing base non-defense discretionary budget authority $163 billion-22.6% below current year spending, while still protecting funding for homeland security, veterans, seniors, law enforcement, and infrastructure," Vought said in a letter about the proposal.

The budget proposal from the White House is basically a wish list, but it does serve to illustrate the administration's priorities and what the White House hopes is a jumping off point for negotiations with Congress.

-ABC News' Michelle Stoddart

President Donald Trump is touting economic markers as he continues to defend his tariff policy in a new social media post. Trump touted gas prices, which he incorrectly claims have been the "lowest in years," as well as jobs data, saying there is "strong employment."

Hiring slowed but remained robust in April following Trump's tariff rollout. The U.S. added 177,000 jobs in April.

"Just like I said, and we're only in a TRANSITION STAGE, just getting started!!! Consumers have been waiting for years to see pricing come down," Trump wrote in a social media post on his platform after the latest jobs data was released.

Read more about the latest jobs report here.

From Baltimore to Houston, Immigration and Customs Enforcement arrested four migrants who were allegedly in the country illegally and are accused of crimes against children.

Just outside of Washington, D.C., ICE arrested a Ghana national who was convicted of possession of child pornography. In Boston, ICE arrested a Salvadorian man who was convicted of raping a child. In Detroit, ICE arrested a Mexican national who was convicted of “criminal sexual conduct,” and in Houston, ICE arrested another Mexican national who was convicted of a similar crime.

Homeland Security Secretary Kristi Noem has claimed that in the first 100 days of the administration, they have deported 150,000 people who were in the United States illegally.

-ABC News' Luke Barr

President Donald Trump said in a social media post that he is renaming Veterans Day, which is celebrated on Nov. 11, as "Victory Day for World War I."

May 8, he said, will now be marked as "Victory Day for World War II."

"We won both Wars, nobody was close to us in terms of strength, bravery, or military brilliance, but we never celebrate anything — That's because we don't have leaders anymore, that know how to do so! We are going to start celebrating our victories again!," Trump wrote.

He added that many allies celebrate the end of those wars on the respective dates. It is unclear what mechanism Trump will use to rename the holidays, as it has not been released that he has signed any action about the dates.

Establishing a federal holiday or a patriotic or national observance requires the passage of a law, according to the Congressional Research Service. Lawmakers created "Armistice Day" in 1938 to commemorate World War I. Then, in 1954 after World War II and the Korean War, they renamed it "Veterans Day" at the urging of veterans groups.

-ABC News' Michelle Stoddart