Latest in House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
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Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - Jan. 10 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.CBS News - Jan. 9 -
Scientists prize neutrality – that doesn’t cut it any more. In 2025, they must fully back the climate movement | Bill McGuire and Roger Hallam
With 2024 set to go down as the hottest year on record, we know that what is coming is truly horrifying. The past 12 months have seen our world enter new territory. Last year will go down as the ...The Guardian - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
House Republican bill would pave way for Trump to acquire Panama Canal for US
Rep. Dusty Johnson (R-S.D.) will introduce a bill that would authorize the president to purchase the Panama Canal and put it under U.S. control, an acquisition that President-elect Trump has been ...The Hill - Jan. 8 -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - Jan. 8 -
House Republican: Gulf of Mexico name less important than Trump's actions
Rep. Austin Scott (R-Ga.) said President-elect Trump’s musing about changing the name of the Gulf of Mexico to the Gulf of America is less important than his actions in the region, particularly ...The Hill - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Meta announces major changes in fact checking and content moderation
Meta, the parent of Facebook, said it will eliminate traditional fact-checking and will rely instead on community notes. The move was part of a pivot to a new emphasis on free speech. Meta will ...NBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Taiwan holds military drills as concerns rise over possible defense budget cut
Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budgetABC News - Jan. 7 -
More than 200 death and injury cases at NHS trust now under investigation
Sussex Police began with an initial 105 cases, but the BBC understands there are now more than 200.BBC News - Jan. 7 -
Dem Rep. Bera ready to meet Republicans '50-yard-line,' and even '40-yard-line' since they're in majority
Rep. Ami Bera (D-Calif.) said on Monday he is ready to meet Republicans “at the 50-yard-line” and even at “the 40-yard-line” due to them being “in the majority.” “So, the American public clearly ...The Hill - Jan. 7 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Trump and Republicans plot radical policy agenda in one ‘big, beautiful bill’
House speaker says party seeks single piece of legislation covering tax cuts, immigration and military spending. Donald Trump is working with top Republicans in Congress to devise a single “big, ...The Guardian - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Trump invites House Republicans to Mar-a-Lago ahead of inauguration
President-elect Donald Trump has invited multiple groups of House Republicans to join him at Mar-a-Lago next weekend, three sources involved in the planning told NBC News.NBC News - Jan. 5 -
Rep. Mike Johnson tells House Republicans Trump wants them to pass a single reconciliation bill
At a closed-door House Republican retreat Saturday morning, newly re-elected House Speaker Mike Johnson, R-La., said President-elect Donald Trump was in favor of passing a single reconciliation ...NBC News - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Johnson tells House Republicans Trump wants 1 reconciliation package: Sources
Speaker Mike Johnson told House Republicans on Saturday that President-elect Donald Trump wants Congress to pass one sweeping bill full of his priorities.ABC News - Jan. 4 -
Republican Mike Johnson elected House speaker after dramatic vote reversals
President-elect Donald Trump congratulated Johnson, who eked out election as speaker of the House after a first ballot was kept open for more than an hour.CNBC - Jan. 4 -
Trump Has Reeled in More Than $200 Million Since Election Day
The president-elect has boasted about the donations for his inauguration, library and political activities from those seeking favor or perhaps in some cases, atonement.The New York Times - Jan. 4 -
Two Republican holdouts flip to reelect Mike Johnson as House speaker
The 119th Congress kicked off Friday with a contentious House speaker vote. House Speaker Mike Johnson of Louisiana kept the gavel after some back-and-forth in his party. CBS News congressional ...CBS News - Jan. 3 -
House Republicans Pledge Drilling and Make It Easier to Shed Federal Land
The newly elected Speaker said the party would make it a priority to “restore America’s energy dominance.”The New York Times - Jan. 3 -
U.S. House ushers in a tiny Republican majority to tackle enormous tasks in 2025
A new Congress starts Friday with a long to-do list for Donald Trump’s second term: keeping the government open, raising the debt ceiling, immigration and taxes.NBC News - Jan. 3 -
Why some Republicans remain skeptical of House Speaker Mike Johnson
Some Republicans remain hesitant as they prepare to vote for House speaker. This comes as Louisiana Rep. Mike Johnson seeks to retain the gavel. CBS News' Taurean Small reports.CBS News - Jan. 3 -
Speaker Mike Johnson re-elected to lead Republican-controlled House
The 119th Congress begins with Republican majorities in both chambers and a vote to re-elect Mike Johnson as House speaker.NBC News - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Johnson says House Republicans will investigate Jan. 6 committee
House Speaker Mike Johnson (R-La.) said Thursday that House Republicans will investigate the disbanded House select committee that investigated the Jan. 6, 2021 attack on the U.S. Capitol. Johnson ...The Hill - Jan. 3 -
Report: Teams eyeing Fox trade believe offseason move more likely
The NBA teams who could have interest in a potential trade for star Sacramento Kings guard De'Aaron Fox believe a move is more likely to happen in the offseason.Yahoo Sports - Jan. 2 -
Trans rights to be marquee fight for House Republicans
How the GOP is responding to Rep.-elect Sarah McBride, the first openly transgender House member, is a preview of what’s to come.Politico - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
Republicans raising questions about Johnson's reelection as House speaker
Republican Rep. Chip Roy said Tuesday that he doesn’t think House Speaker Mike Johnson has the necessary votes to remain speaker in Friday's leadership election.ABC News - Dec. 31
