Concerns about the deficit-stretching potential of President Trump’s tax plan is spooking some investors, even as Republicans argue over its particulars.
Category: Federal Budget (US)
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DOGE Removes Dozens of Resurrected Contracts From Its List of Savings
Elon Musk’s group is no longer claiming credit for canceling those contracts after The New York Times reported that they were revived.
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Trump Signs Executive Order Asking Companies to Lower Drug Prices
The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.
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Trump’s Kennedy Center Would Get $257 Million in House Republican Plan
A House committee proposed a huge increase in federal funding to repair and restore the center, which President Trump took over in February. Democrats have questions.
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Trump Proposes $163 Billion in Cuts Across Government in New Budget
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
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Trump Seeks to Eliminate the National Endowment for the Arts
The president’s budget proposal also called for getting rid of the National Endowment for the Humanities and the Institute of Museum and Library Sciences.
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Here’s the latest.
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
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Here’s the latest.
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
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Federal Watchdog Reveals Dozens of Inquiries Into Trump’s Withholding of Funds
The investigations by the Government Accountability Office come as the White House looks to expand its power over the federal budget.
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Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
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What Elon Musk Didn’t Budget For: Firing Workers Costs Money, Too
An expert on the federal work force estimates that the speed and chaos of Mr. Musk’s cuts to the bureaucracy will cost taxpayers $135 billion this fiscal year.