Latest in US House passes budget resolution to cut taxes and spending by trillions
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Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - 4d -
Will your tax preparer save you money or make costly mistakes? Look for these red flags.
How to make sure you get what you pay for.MarketWatch - 4d -
Trump Just Fired 6,700 I.R.S. Workers in the Middle of Tax Season. That’s a Huge Mistake.
The Trump administration’s decision to fire over 6,000 I.R.S. workers will make the government less effective and less efficient, not more.The New York Times - 2d -
This tax break for lower-income retirement savers is a 'well-kept secret,' expert says
The retirement savings contributions credit, or saver's credit, can help offset funds added to retirement accounts. But most taxpayers don't claim it.CNBC - 2d -
Look at Donald Trump and his gang of broligarchs – and tell me we don’t need a wealth tax | Brian Cox
I played a fictional billionaire on TV. It’s time world leaders got serious about taxing the real ones. Brian Cox played Logan Roy in HBO’s Succession and is a supporter of Patriotic Millionaires ...The Guardian - 1d -
Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - 1d -
Don’t mention the war: in Germany, politicians are hiding the truth about defence spending | Paul Taylor
By centring the discourse on immigration, MPs have handed support to the far right – and hidden a ticking economic timebomb from voters. The candidates to lead Germany’s next government are ...The Guardian - 6d -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 6d -
‘No more excuses’: Europe under pressure on defence spending three years after Russian invasion
Continent is being told to take more responsibility for its own defence in light of US president’s overtures to Putin. A few days after Vladimir Putin sent Russia’s invading forces into Ukraine in ...The Guardian - 2d -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - 2d -
Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts’ expectations, following what some ...MarketWatch - 1d -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - 21h -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - 12h -
2025 NFL free agency: Biggest needs for every AFC team this offseason; how will Patriots, Raiders spend money?
Breaking down the biggest needs in the AFCCBS Sports - 12h -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 10h -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 10h -
U.S. will spend up to $1 billion to combat bird flu, USDA secretary says
The U.S. will invest up to $1 billion to combat the spread of bird flu, including increasing imports of eggs, agriculture secretary Brooke Rollins said.NBC News - 10h -
South Africa abruptly cancels budget speech as governing parties dispute the details
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalitionABC News - Feb. 19 -
Senate adopts fallback budget in case Trump’s ‘big, beautiful bill’ falters
Now the onus is on House Republicans to build enough support to advance their own party-line plan, or face pressure to back the Senate’s slimmer vision.Politico - 5d -
Senate Republicans approve budget framework, pushing past Democratic objections
Republican senators pushed a $340 billion budget framework to passage over Democratic objections after a nearly all-night voteABC News - 5d -
PBS and NPR on edge over FCC letter and Trump budget scrutiny
PBS President Paula Kerger has felt the heat from politicians over government funding before. But this time the FCC is focusing on the nonprofit's sponsorships.Los Angeles Times - 5d -
Jeffries urges full Dem attendance for GOP budget vote: ‘Pivotal’
House Democrats are united against the Republicans’ budget plan. But heading into this week’s vote on the resolution, Minority Leader Hakeem Jeffries (D-N.Y.) wants to ensure all of his troops are ...The Hill - 2d -
Here's what upcoming budget negotiations may mean for Social Security
Benefit cuts are off the table for now in upcoming budget negotiations, experts say. But the agency may continue to struggle with customer service woes.CNBC - 1d -
Watch live: Progressive lawmakers speak on GOP's budget reconciliation hopes
The Congressional Progressive Caucus will give remarks Tuesday morning on the GOP-led budget resolution, which Speaker Mike Johnson (R-La.) is hoping to bring to a floor vote in the afternoon. ...The Hill - 1d -
In the Trump Era, Crafting a State Budget Becomes More Complicated
With funding from Washington uncertain, New Jersey, like other states, is budgeting cautiously.The New York Times - 1d -
The papers: UK ramps up defence budget and Europe's 'fight for peace'
The government's increase in defence spending and developments between Ukraine and the US dominate Wednesday's papers.BBC News - 1d -
Trump called Republicans to get their vote for Johnson's budget plan
President Trump called some Republican lawmakers to sway them to vote for House Speaker Mike Johnson's budget plan, as the congressional leader struggled to get the necessary numbers. CBS News' ...CBS News - 13h -
Johnson’s Budget Win Reflects a Speaker Dependent on Trump to Govern
The Louisiana Republican has made himself subservient to President Trump, whose help he needs to manage his fractious, unpredictable and tiny majority.The New York Times - 5h -
Senate Republicans 'aren't going to rubber stamp' Trump-backed budget plan
NBC News Capitol Hill Correspondent Melanie Zanona joins Meet the Press NOW to report on the House’s adoption of a budget plan aimed at advancing President Trump’s agenda.NBC News - 5h -
AP sues over White House access restrictions
The Associated Press sued White House officials Friday for restricting the wire service’s access to the Oval Office and Air Force One over its refusal to use “Gulf of America” in its AP Stylebook. ...The Hill - 5d -
Trump meeting with France's Macron at the White House
French President Emmanuel Macron is at the White House for a meeting with President Trump. This comes as Russia's invasion of Ukraine reaches its third year. CBS News' Natalie Brand has more.CBS News - 2d -
House Democrat planning 'Bad DOGE Act'
Rep. Dave Min (D-Calif.) is planning to introduce a bill titled "Bad DOGE Act” in the House against the Department of Government Efficiency (DOGE), arguing that it is engaged in an "abuse of ...The Hill - 2d -
Meet the House un-American activities caucus
Four House GOP members have asked Florida Attorney General Pam Bondi to sue three small civil society organizations for allegedly aiding illegal aliens, drawing comparisons to the House Un-American ...The Hill - 2d