Category: Federal Budget (US)

Ray Dalio’s Prescription for Avoiding Fiscal Catastrophe

The hedge fund billionaire’s take on how to fix America’s fiscal woes is getting a warm reception in Washington, even as he suggests drastic changes.
Trump’s Tariffs and Tax Bill May Derail U.S. Battery Industry

Domestic factories that make batteries to store power to meet America’s rising energy demand depend on Chinese components and federal subsidies.
The Republican Tax Bill Could Sharply Slow E.V. Sales

The measure, passed by the House, would roll back incentives for people to buy electric vehicles and for automakers to make them in the U.S.
Trump Administration Wrongly Impounded Infrastructure Aid, Watchdog Finds

The findings appeared to inch the government closer to a constitutional showdown, as President Trump increasingly looks to claim expansive powers over the nation’s purse strings.
The House Passed Trump’s Megabill. Bond Investors Are Worried.

Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.
Trump’s Tax Policy Collides with Market Reality

Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.
Why Trump’s ‘Big, Beautiful’ Tax Bill Is Worrying Bond Investors

Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
Market Jitters Over a ‘Big, Beautiful’ Bill

Investors burned by President Trump’s trade fight now have to contend with a spending megabill that risks swelling the federal deficit.
The ‘Sell America’ Trade Makes a Comeback

Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.
Bond Traders Enter the U.S. Budget Fight

Concerns about the deficit-stretching potential of President Trump’s tax plan is spooking some investors, even as Republicans argue over its particulars.
Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford

A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
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.