President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.
Category: United States Politics and Government
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Republican Policy Bill Would Add $2.4 Trillion to Debt, Budget Office Says
The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside the G.O.P. about the fiscal consequences of their bill to enact President Trump’s agenda.
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Canadian National Parks Offer Alternatives to U.S. Parks
Travelers worried about the effects of budget and staffing cuts at U.S. parks can find alternatives to the north. Here are five of the best.
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Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
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A Peach and Apple Farmer’s Uphill Quest to Feed Poor Families, and His Own
When the Trump administration slashed a successful food aid program, Austin Flamm set out to put politics aside. “Everybody needs a meal,’’ he said.
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How the Baby Formula Brand Bobbie Got Caught in the RFK Jr. Backlash
Laura Modi’s company, Bobbie, is rooted in science and uses organic ingredients. Some of her fans aren’t happy that she’s willing to work with the Trump administration.
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PBS Sues Trump Over Order to Cut Funding
The lawsuit, filed in federal court in Washington by PBS and a Minnesota public TV station, said President Trump’s executive order was unconstitutional.
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U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
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Trump Accuses China of Violating Trade Agreement
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
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PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.