Mr. Musk’s involvement in politics was once seen by investors as a benefit to Tesla. Not anymore.
Category: Federal Budget (US)
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Poorest Americans Would Be Hurt By Trump’s Big Bill
Small improvements in taxes are overshadowed by cuts to health insurance and other federal aid, resulting in a package favoring the wealthy.
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What Business Is Watching in Negotiations Over Big Policy Bill
Senate Republicans are debating changes to the legislation, after a key official rejected some proposals. Time is ticking for hitting President Trump’s deadline.
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Some Republicans Join Democrats in Unease Over White House Budget Cuts
President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse.
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Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
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Trump Official Eyes Power of Rescission to Override Congress on Spending
The president’s top aides have signaled they may seize on a timing quirk in law to cancel enacted funds, setting up a clash over the power of the purse.
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Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
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The House’s Policy Bill Would Lose Money. Could Trump’s Tariffs Replace It?
The short answer is probably not, according to multiple forecasters.
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F.D.A. Looks to A.I. to Enhance Efficiency
With a Trump-driven reduction of nearly 2,000 employees, agency officials view artificial intelligence as a way to speed drugs to the market.
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Counting Up the Potential Costs of the Trump-Musk Rift
The clash between the president and Teslas C.E.O. wiped billions off the electric vehicle maker’s market capitalization. Other risks abound.