Latest in Crackdown on government cards to cut 'wasteful' spending
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Crackdown on government credit cards to cut 'wasteful' spending
Purchases include £2,500 spent at a women's shoe shop in Barbados and £1,200 on luxury coffee pods.BBC News - 19h -
UK cracks down on civil service credit cards after spending quadruples
Officials will have to reapply for procurement cards as part of war on waste in WhitehallFinancial Times - 19h -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - Mar. 8 -
Europe courts US scientists fleeing Trump crackdown
Cambridge university among institutions seeing chance to hire talent unsettled by US spending cutsFinancial Times - 13h -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 6d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - 6d -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 5d -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - 6d -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 5d -
DOGE Is Putting Major Government Efficiency Projects at Risk
In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.Wired - Mar. 7 -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
The Papers: 'Benefit cut for 1m' and 'Putin must not play games'
A mix of stories make up the front of Saturday's papers, with a focus on government spending cuts and the war in Ukraine.BBC News - 3d -
Tensions grow over UK government plan to cut welfare payments
Work and pensions secretary Liz Kendall prepares to slash spending on health-related benefitsFinancial Times - 1d -
Believe in Elon Musk’s $1 trillion ‘waste and fraud’ jackpot when you see it
Musk is right about one thing: Absolutely no reasonable person should support waste or fraud in the federal governmentMarketWatch - 6d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 5d -
Jobless claims little changed, while impact from government spending cuts expected later this spring
Initial jobless claims fell by 2,000 to 220,000 in the week that ended on March 8, the Labor Department said Thursday.MarketWatch - 5d -
Louisiana voters in Speaker Johnson’s district react to Medicaid cut threats
Residents of Vinton, La., which is part of House Speaker Mike Johnson’s district, are concerned that Republicans will make cuts to Medicaid to reduce government spending. NBC News’ Melanie Zanona ...NBC News - 6d -
Senate Democrats insist on voting on 30-day government funding bill
Senate Democrats say they will not vote for the House-passed six-month government funding package, which would boost defense spending and cut nondefense programs, unless they first get a vote on a ...The Hill - 5d -
Congressional Republicans unveil spending plan to avert government shutdown
Congressional Republicans unveiled their plan for a spending bill to avert a government shutdown as the deadline approaches this Friday. NBC News’ Yamiche Alcindor reports.NBC News - Mar. 9 -
House Republicans unveil spending plan with government shutdown deadline set for Friday
Republicans in the House released a stopgap spending plan over the weekend that would delay a government shutdown for at least six months, but it's unclear if they have the votes to pass the ...CBS News - Mar. 10 -
Trump Signs Spending Bill to Fund Government
The bill was passed just hours before a midnight deadline to avoid a lapse in funding, which would have shut down the government.The New York Times - 2d -
Some Senate Democrats split over spending bill to avert government shutdown
Senate Minority Leader Chuck Schumer said Republicans don't currently have the votes to pass the short-term spending bill. Some Democrats say they are split over whether to support the stopgap ...CBS News - 5d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 3d -
Tesco to trial giving away expiring food to shoppers
Giving away food will be trialled in some Express stores in an effort to cut waste.BBC News - 5d -
Education Department cuts agency that measures student performance
Education Department cuts agency that compiles 'Nation's Report Card' and measures student performance.ABC News - 5d -
House spending bill facing Senate opposition with government shutdown deadline 2 days away
House Republicans' six-month spending bill will need Democratic support in the Senate to pass into law before Friday's government shutdown deadline. CBS News congressional reporter Taurean Small ...CBS News - 6d -
Inside Trump’s Crackdown on Dissent: Obscure Laws, ICE Agents and Fear
President Trump is clamping down broadly on dissent using the tools of the federal government.The New York Times - 5d -
Hungary’s government submits bill to ban Budapest Pride event
Ruling coalition continues its crackdown on LGBTQ+ people under its ‘child protection’ legislation. Hungary’s ruling coalition is continuing its crackdown on the country’s LGBTQ+ community, as ...The Guardian - 1d -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - 6d -
Gulf soccer clubs slash spending as they focus on younger talent
Soccer teams in the Gulf cut transfer spending by nearly half in 2024 compared to the previous year, prioritizing younger talent instead of aging superstars.Yahoo Sports - 1d -
With Medicaid cuts looming, misinformation about immigrants, especially Latinos, spreads
As Republican lawmakers move to cut Medicaid spending, misinformation about immigrants, especially about Latinos, is spreading on social media.NBC News - 5d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - 5d -
Jobs lost and lifesaving cures not discovered: Possible impacts of research cuts
Ripple effects of the Trump administration's crackdown on U.S. medical research promise to reach every corner of AmericaABC News - Mar. 6 -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 6d -
Burn pit fund for veterans on chopping block in GOP spending bill
Democratic lawmakers and veterans’ groups are fuming over a provision in a stopgap federal spending bill passed by House Republicans this week that would cut a Department of Veteran Affairs fund ...The Hill - 4d -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - 4d -
Reeves meeting regulators in drive to cut red tape
The chancellor will unveil plans to cut bureaucracy as the government continues its bid to slash red tape.BBC News - 1d -
3 groups to watch in the final push to fund the government
The government will shut down next Saturday morning unless Congress can rally around a funding measure by the end of the week, setting up the first big legislative spending fight of President ...The Hill - Mar. 8 -
Consumer Spending Rose Weakly in February
Tepid gains after a January dropoff indicate growing caution among U.S. shoppers amid stock market plunges and DOGE job cuts.Inc. - 1d