Latest in US Debt Faces Record as Trump and GOP Plan Tax Cuts
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3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
Tesla Cybertruck bomber used ChatGPT to plan attack, police say
Las Vegas police say the man who exploded a Tesla Cybertruck outside a Trump hotel used ChatGPT to help plan the bombing.CBS News - Jan. 7 -
Man used ChatGPT to plan Las Vegas Cybertruck blast
The man killed in the Las Vegas Cybertruck blast used ChatGPT to plan the explosion, police said. In a press conference, Tuesday, Las Vegas police released more details of the intentions of ...The Hill - Jan. 7 -
GOP senator: Biden's eleventh-hour actions 'slap in the face' to Trump voters
Sen. Roger Marshall (R-Kan.) says that President Biden’s moves in the final days of his presidency to ban offshore drilling, grant clemency to hundreds of Americans convicted of crimes, and ...The Hill - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Clyburn: Eliminating debt ceiling only area 'I really agree with Donald Trump on'
Rep. James Clyburn (D-S.C.) said Tuesday that eliminating the debt ceiling is the only area “I really agree with Donald Trump on.” “We should do away with it altogether,” Clyburn told CNN’s John ...The Hill - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
Trump comments deepen GOP disagreement over how to pass his agenda
President-elect Trump’s public back-and-forth over whether Republicans should pass his agenda in one or two massive packages is deepening the disagreements among lawmakers over how to tackle the ...The Hill - Jan. 7 -
What are Trump's plans for the Jan. 6 cases pending?
President-elect Donald Trump may intervene in the cases against those who rioted at the U.S. Capitol on Jan. 6, 2021. CBS News' Olivia Rinaldi breaks down the latest.CBS News - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
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 -
Morning Report — Senate GOP leader eyes Trump tutorial
In today’s issue: © The Associated Press | J. Scott Applewhite Senate GOP leader eyes Trump tutorial President-elect Trump exults in the power he envisions with Republican control of the White ...The Hill - Jan. 6 -
Several commodities face headwinds in 2025 — but this metal's record rally is set to continue
Crude oil prices last year were dragged down by weak Chinese demand and a supply glut — market watchers expect prices to remain pressured in 2025.CNBC - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
Trump calls on GOP to pass his agenda in 'one powerful bill'
President-elect Trump on Sunday made public his support for Republican lawmakers to pass key components of his agenda into law with a single reconciliation bill, previewing what is expected to be a ...The Hill - 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 -
Brennan presses Homan on Trump administration's deportation plans
CBS News’s Margaret Brennan pressed President-elect Trump’s new border czar Tom Homan on the next administration’s mass deportation plans. Homan joined Brennan on “Face the Nation” on Sunday, where ...The Hill - Jan. 5 -
FBI: New Orleans attacker recorded area using Meta smart glasses weeks before attack
FBI officials said the man behind the deadly New Year's Day attack in New Orleans had visited the city twice in late 2024 and recorded the Bourbon Street area using Meta smart glasses. NBC News' ...NBC News - Jan. 5 -
Cash incentives for GPs under Labour’s radical plan to cut NHS waiting lists
Doctors will be given £20 each time they consult with a specialist to see if there is an alternative to hospital visits. GPs will be offered financial incentives to discuss with specialists whether ...The Guardian - Jan. 5 -
A Weakened Iran Prepares to Face Trump 2.0
Tehran is bracing for a tough confrontation with the incoming Trump administration while holding a weak hand after setbacks in 2024.The Wall Street Journal - Jan. 5 -
Xi has a plan for retaliating against Trump’s gamesmanship
China is marshalling its forces for long-term competition against an America that it believes is divided and in declineFinancial Times - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Trump flexes power over House GOP in whirlwind Speaker race
President-elect Trump reasserted his power over the House GOP conference during Friday’s whirlwind Speaker vote, proving that, despite some recent doubts, he still has significant sway over ...The Hill - Jan. 4 -
Johnson tells House GOP Trump wants one reconciliation package
Speaker Mike Johnson (R-La.) told House Republicans on Saturday that President-elect Trump wants to pass one reconciliation package, a strategy that runs counter to the two-bill effort several ...The Hill - Jan. 4 -
US rugby star Ilona Maher eyes Bristol debut as ticket sales break club record
Sevens stars set for debut with Bristol women’s team Close to 8,000 fans are expected in record turnout Ticket sales have broken a record ahead of US rugby star Ilona Maher making her debut for ...The Guardian - Jan. 3 -
On possible GOP votes against Trump nominees, Thune says no "clarity" yet
One of the first priorities for Senate Majority Leader John Thune is the confirmation of President-elect Donald Trump's expected nominees.CBS News - Jan. 3 -
Mike Johnson secures US House speakership after facing internal dissent
Three Republicans voted for someone else, but two later changed their votes while all Democrats backed Jeffries. After initially facing internal dissent, the Trump-endorsed Republican Mike ...The Guardian - Jan. 3 -
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.CNBC - Jan. 3 -
Trump says he’s been in touch with GOP holdouts ahead of Speaker vote
President-elect Trump said he has been in touch with Republican holdouts ahead of Friday afternoon's Speaker vote, as uncertainty swirls about whether Speaker Mike Johnson (R-La.) has enough ...The Hill - Jan. 3 -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - Jan. 3 -
GOP trust in election accuracy rises after Trump's victory: Survey
A growing number of Republicans say they’re confident that the votes in the 2024 presidential election were counted accurately in the wake of President-elect Trump's victory in November, according ...The Hill - Jan. 3 -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Trump and GOP allies falsely blame New Orleans attack on immigration failures
President-elect Donald Trump and his allies in Congress have blamed the deadly New Orleans truck attack on President Joe Biden's border policies even though the attacker was a U.S. citizen.NBC News - Jan. 2 -
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2 -
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 -
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.CNBC - Jan. 1 -
Trump Says He Plans to Attend Carter’s Funeral
In wide-ranging remarks at a New Year’s Eve party at Mar-a-Lago, the president-elect also predicted that Mike Johnson would secure enough votes to be re-elected as House speaker.The New York Times - Jan. 1