Category: Federal Budget (US)

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.
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.
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.
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.
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.