President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
Category: Federal Budget (US)
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Federal Debt to Hit Record Levels, Budget Office Warns
The New York Times – Business: -
Trump’s First Year Could Have Lasting Economic Consequences
President Trump’s policies have so far done little to change the overall state of the American economy, but economists warn they will ultimately weaken the United States.
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In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike.
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Trump Upended the Federal Government. The Full Scope of the Impact Is Still Unclear.
President Trump achieved his goal of shrinking the work force. But many current and former officials say the government is less dependable and efficient than it was a year ago.
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Trump’s Cuts Hobbled US Labor Board, Leaving Festering Disputes and a Power Struggle
Advocates fear damage to labor protections if the Supreme Court upholds the president’s move to control federal agency staffing.
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Groups Sue to Reverse Trump’s Cuts to Energy Projects in Democratic States
A lawsuit filed on Monday argued that the president has discriminated against blue states by slashing federal funds for political leverage during the shutdown.
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As Low-Income Shoppers Tighten Belts Further, Businesses Worry
A delay in SNAP benefits mixed with a decline in foot traffic has many stores, restaurants and food producers concerned about sales.
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How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy
The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.
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Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’
In arguments before the Supreme Court, the White House backed away from its claims that President Trump’s tariffs were about raising revenue.
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Fed’s Policy Path Looks More Treacherous as Shutdown Delays Critical Data
The central bank is poised to lower interest rates again on Wednesday despite having only a partial view of how the economy is faring.