Ronald Reagan’s budget czar warns of ‘Trump’s $30 trillion debt disaster’

David Stockman was the O.G. ‘DOGE’ hatchet man.

Topics

Goodyear Blimp at 100: From Ronald Reagan to Ice Cube, 'floating piece of Americana' still thriving

At 100 years old, the Goodyear Blimp is an ageless star in the sky
ABC News - 1h
Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says

Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.
CNBC - 4h
Credit card debt hit $1.21 trillion. Here's why 'no one should be surprised,' expert says.

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.
NBC News - 3h
House GOP releases budget calling for trillions in cuts to taxes and spending

House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.
NBC News - 23h
House Republicans release budget plan, with trillions in tax and spending cuts

House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.
CBS News - 1d
Trump's border czar is 'begging' for money for immigration crackdown, Senate budget chief says

WASHINGTON — President Donald Trump’s “border czar,” Tom Homan, and budget director, Russell Vought, met with Senate Republicans on Tuesday afternoon and pleaded with them to send the ...
NBC News - 2d
Trump border czar knocks Pope Francis's criticism: 'Fix the Catholic Church'

"Border czar" Tom Homan, who oversees President Trump’s mass deportation program, shot back at Pope Francis after he chastised the administration’s approach to immigration enforcement. “I’ve got ...
The Hill - 2d
Trump’s budget cuts are unconstitutional

These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.
The Hill - 3d
Deportation Flights to Venezuela to Begin Within Next 30 Days, Trump Border Czar Says

The assertion by Tom Homan, President Trump’s border czar, could herald a shift in the relationship between the United States and Venezuela’s autocrat, Nicolás Maduro.
The New York Times - 6d

More from MarketWatch

Airbnb shares are rallying, and its CEO thinks it can be a one-stop travel shop ‘similar to Amazon’

Airbnb Inc. on Thursday forecast first-quarter sales that came up a bit shy of Wall Street’s expectations, but the vacation-rental platform said it expects to continue to build on strides it made ...
MarketWatch - 13m
GameStop’s stock soars on report of possible bitcoin investment

Shares of GameStop were gaining more than 7% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.
MarketWatch - 16m
How Elon Musk’s ‘DOGE’ playbook could trigger a bear market for stocks

Big cuts in the federal deficit will almost certainly lead to a large reduction in corporate profits.
MarketWatch - 55m
These tips for investing in mutual funds and ETFs map a clear market strategy

Don’t miss these top money and investing features.
MarketWatch - 1h
The stock market is ignoring what could be its No. 1 threat

“Tail risk” — uncertainty over inflation, tariffs, political chaos and other unknowns — could trigger a chaotic market downturn.
MarketWatch - 1h

More in Business

Europe must respond to Trump ‘electroshock’, says Macron

French President tells Financial Times that continent should ‘muscle up’ and secure its own future
Financial Times - 11m
HSBC to unveil $1.5bn savings as Elhedery’s restructuring kicks in

New chief executive has started wide-ranging shake-up of Europe’s biggest bank
Financial Times - 11m
Airbnb shares are rallying, and its CEO thinks it can be a one-stop travel shop ‘similar to Amazon’

Airbnb Inc. on Thursday forecast first-quarter sales that came up a bit shy of Wall Street’s expectations, but the vacation-rental platform said it expects to continue to build on strides it made ...
MarketWatch - 13m
GameStop’s stock soars on report of possible bitcoin investment

Shares of GameStop were gaining more than 7% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.
MarketWatch - 16m
Coinbase revenue surges more than 130%, driven by postelection crypto rally

Coinbase reported better-than-expected fourth-quarter earnings, strengthened by a raging postelection crypto rally at the end of 2024.
CNBC - 39m