Latest in US House passes budget resolution to cut taxes and spending by trillions
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Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - 4d -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - 2d -
Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - 1d -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 17h -
Some small businesses are on the brink after Trump's spending cuts affect contracts
"My company has been left behind," one small business founder said.ABC News - 14h -
US not co-sponsoring UN resolution supporting Ukraine: report
The U.S. is reportedly refusing to co-sponsor a draft U.N. resolution marking three years since Russia’s invasion of Ukraine, signaling weakening U.S. political support for Ukraine as President ...The Hill - 5d -
US votes against UN resolution condemning Russia for Ukraine war
The U.S. voted against a resolution condemning Russia as the aggressor in the war in Ukraine that passed the United Nations General Assembly on Monday, marking three years since Russia’s launched ...The Hill - 1d -
These 17 countries voted with US against Ukraine UN resolution
Seventeen countries in the United Nations General Assembly joined the U.S. on Monday in voting against a nonbinding resolution condemning Russia as the aggressor in the ongoing war in Ukraine — ...The Hill - 1d -
FirstFT: US drives UN resolution on Ukraine war with Russian backing
Also in today’s newsletter, US companies left out of defence stock rally and BP abandons pledge to cut oil and gas outputFinancial Times - 1d -
Senate Passes G.O.P. Budget Plan After Democrats Force Long Night of Votes
Before adopting Republicans’ budget resolution, senators engaged in an all-night parliamentary marathon that Democrats used to try to force the G.O.P. into politically damaging votes.The New York Times - 5d -
Graham defends Senate budget resolution amid Trump opposition: 'Complete game changer'
Sen. Lindsey Graham (R-S.C.) defended the Senate's budget resolution, which rolled in during the wee hours of Friday morning and involves a two-track process instead of the one large spending bill ...The Hill - 5d -
Rep. Spartz says she will vote no on GOP budget resolution if ‘language doesn’t change’
Rep. Victoria Spartz (R-Ind.) explains why she plans to vote no on Speaker Mike Johnson’s budget resolution. Rep. Spartz also weighed in on whether Congress will be able to fund the government as ...NBC News - 19h -
Democrats outline playbook to target House Republicans on Medicaid, budget and DOGE
Democrats to target vulnerable House Republicans by highlighting potential cuts to Medicaid, other federal spending in the budget GOP lawmakers hope to vote on this week.ABC News - 1d -
Watch: House Democrats speak on GOP-led budget blueprint
Leaders within the House Democratic Caucus addressed their GOP colleagues' budget blueprint on Tuesday morning, hours ahead of an expected vote on the measure. While Dems have little power to ...The Hill - 1d -
Evening Report — Moment of truth for House GOP budget proposal
{beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash House GOP budget resolution teeters on the brink SPEAKER MIKE JOHNSON (R-La.) and House GOP leaders are scrambling to secure support for ...The Hill - 18h -
Budget vote in House tests slim GOP majority in new Trump term
If House Speaker Mike Johnson wants to pass the Trump-backed budget plan, which includes trillions in tax cuts, he can only afford to lose one Republican vote. However, multiple GOP lawmakers have ...CBS News - 17h -
House approves ‘big, beautiful bill’ budget after wild whip effort
GOP leaders canceled then rescheduled a Tuesday evening vote as they tried to flip holdouts.Politico - 17h -
House GOP adopts Trump budget after topsy-turvy night
House Republicans adopted the budget resolution that will lay the foundation for enacting President Trump's legislative agenda Tuesday night, just minutes after they initially pulled the measure ...The Hill - 15h -
The Dramatic House Budget Vote, and a New ‘Gold Card’ for Immigrants
Plus, how microphones changed music.The New York Times - 4h -
House narrowly adopts budget plan to advance Trump’s agenda
The House narrowly passes the Republican's budget plan and moves one step closer to a sweeping bill that could cut close to $2 trillion from the federal budget in a big victory for President Donald ...NBC News - 4h -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - 22h -
Republicans start to feel the heat on budget cuts: From the Politics Desk
House Republicans will face a budget resolution vote after hearing concerns from constituents about Trump and Musk's budget cuts.NBC News - 4d -
Jeffries says Johnson's budget plan could lead to big Medicaid cuts
House Minority Leader Hakeem Jeffries is warning that House Speaker Mike Johnson's budget proposal would lead to Medicaid cuts. CBS News' Taurean Small reports.CBS News - 20h -
Palantir’s Alex Karp Says He’s Fine With Pentagon Budget Cuts
Nevermind that Palantir’s stock price dropped and DOGE is slashing government contracts. Karp thinks his defense tech firm will thrive in a meritocracy.Inc. - 19h -
House Republicans narrowly pass measure to fund Trump agenda after last-minute drama
The House passed the GOP budget plan for Trump's agenda Tuesday night after briefly pulling it from the schedule.ABC News - 13h -
What Can House Republicans Cut Instead of Medicaid? Not Much.
The math of the G.O.P.’s goals makes the move almost unavoidable.The New York Times - 1h -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - 15h -
House Republicans representing large shares of Medicaid, SNAP beneficiaries face tough budget test
Some Republicans have raised concerns about potential cuts to anti-poverty programs that their constituents rely on as they search for ways to pay for Trump’s legislative agenda.NBC News - 5d -
Senate adopts GOP budget plan in "vote-a-rama," despite Trump backing competing House plan
The Senate has adopted a slimmed-down GOP budget proposal focusing on defense, border security, and energy priorities, despite President Trump's earlier backing of a competing plan put forward by ...CBS News - 5d -
Watch live: House GOP leaders hold press conference ahead of key budget vote
House Republican leaders are set to hold a press briefing Tuesday morning following a closed-door meeting and ahead of a key vote on the budget resolution. Speaker Mike Johnson (R-La.) and his ...The Hill - 1d -
Live updates: House Republicans adopts budget after Trump whips GOP holdouts
House Republican leadership is working to pass a budget resolution on Tuesday to pave the way for President Trump's agenda, but opposition has emerged from all sides of the conference.The Hill - 15h -
House narrowly adopts budget plan to advance Trump's agenda in a win for Speaker Mike Johnson
Speaker Mike Johnson on Tuesday muscled a multitrillion-dollar budget blueprint through the House by the narrowest of margins — a crucial step for Republicans as they embark on advancing President ...NBC News - 13h -
House Oversight Democrats launch probe of US Attorney for DC
House Oversight Democrats have launched an investigation into the U.S. Attorney for the District of Columbia after he publicized his own efforts to probe threats to officials, an effort that has ...The Hill - 1d -
NIH funding cuts imperil lifesaving drugs and US prosperity
Capping indirect funding will decimate biomedical research, which has been the engine of the U.S. economy and the envy of the world.The Hill - 2d -
People will starve because of US aid cut to Sudan, humanitarian worker warns
Nearly two million people who have relied on community kitchens for food have lost this lifeline.BBC News - 1d -
US climate research agency braces for ‘efficiency’ cuts: ‘They will gut the work’
Workers at National Oceanic and Atmospheric Administration fear crackdown will have global fallout. The Trump administration has set its sights on the National Oceanic and Atmospheric ...The Guardian - 4h -
House Republicans hit the brakes on town halls after blowback over Trump's cuts
House Republicans are becoming wary of in-person town hall meetings after some lawmakers have faced hometown crowds angry about the Trump administration’s cuts.NBC News - 13h -
This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout
Lenacapavir, a twice yearly injection that prevents HIV transmission, was named the breakthrough medicine of 2024. But without US foreign aid dollars, its delivery to millions worldwide is under ...Wired - 4d -
I Used to Work at the IRS. Here’s How the Massive Job Cuts This Week Will Affect You
Is it a good time to cheat on your taxes given all the pink slips at the IRS?Inc. - 4d