Latest in VA plans to cut thousands more jobs as part of Trump's cost cutting efforts
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Judge Extends Block on N.I.H. Medical Research Cuts
A federal judge in Massachusetts indicated she would move quickly to consider a more lasting injunction after hearing a laundry list of potential adverse effects of the Trump administration move to ...The New York Times - Feb. 21 -
Defense Department to Cut Over 5,000 Workers
The firings are the first of what is expected to be a vast wave of layoffs by the Pentagon.The New York Times - Feb. 22 -
Jim Jordan derides critics of federal workforce cuts
He cited an example from the Washington Post about a locksmith.Politico - Feb. 23 -
Will the working-class GOP really cut health insurance?
Budget chicanery begets more budget chicanery. About this time in 2010, Democrats were trying every procedural and accounting trick they could conjure to push ObamaCare through a restive Congress. ...The Hill - Feb. 25 -
Democrats warn of ‘largest Medicaid cut in American history’
House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history. Behind ...The Hill - Feb. 25 -
Federal workers in limbo over DOGE cuts
Federal workers are criticizing layoffs by Elon Musk’s Department of Government Efficiency. 80 percent of the federal workforce is outside of Washington. Meanwhile, Musk is defending his directive ...NBC News - Feb. 26 -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - Feb. 26 -
What to know about cuts at cybersecurity agency
The White House says federal agencies have until March 13 to present plans for large scale layoffs. Among the targets is the Cybersecurity and Infrastructure Security Agency, which defends ...CBS News - Feb. 26 -
UK government insists consultancy spending cuts ‘on track’
Big firms won £1.5bn of UK government work in 2024, an increase on the previous two yearsFinancial Times - Feb. 27 -
How Medicaid cuts could improve access to care
Coverage — having health insurance — most certainly does not guarantee timely medical care.The Hill - Feb. 27 -
Everyday Americans, not executives, will feel the pain of Medicaid cuts
These aren’t just budget cuts — they’re an assault on your health care.The Hill - Feb. 27 -
Jeffries: ‘Republicans are lying’ about Medicaid cuts
House Minority Leader Hakeem Jeffries (D-N.Y.) went after Republicans on Thursday over their designs for Medicaid, saying GOP leaders are deceiving Americans by claiming that no patients will lose ...The Hill - Feb. 27 -
Cuts at USAID and Elsewhere Strain Global Journalism
Investigative journalists around the world relied on funding from the U.S. Now, those watchdogs are scrambling to survive a sudden cash crunch.The New York Times - Feb. 27 -
Development minister resigns in protest at Starmer’s aid cuts
Move by Anneliese Dodds comes after prime minister announces plan to shift resources to defenceFinancial Times - 6d -
Examining the potential ripple effects from DOGE cuts
A new report from Wired says that the Department of Government Efficiency's takeover of the federal bureaucracy is "worse than you think." Brian Barrett, the article's author and executive editor ...CBS News - 5d -
Social Security Administration to Cut Roughly 7,000 Workers
The agency is also restructuring and closing six of 10 regional offices that coordinate and provide support to employees who serve beneficiaries.The New York Times - 5d -
USAID cuts could send global health into chaos
The Trump administration's decision to end almost all foreign aid spending from the United States Agency for International Development (USAID) is poised to plunge global health into chaos. The ...The Hill - 4d -
How fast will the ECB cut interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 4d -
Waiting for a large new tax cut? GLWT
Behold, the messy sausage-making of US budgetsFinancial Times - 2d -
Medicaid cuts risk children's health care and academics
House Republicans approved a budget resolution that would reduce the federal Medicaid program by 11 percent, potentially compromising access to health care for up to 40 percent of the nation's ...The Hill - 2d -
US aid cuts are expanding Chinese influence
China is rapidly filling the vacuum left by the Trump administration's decision to freeze and reduce foreign aid, using strategic lending and infrastructure investments to counter American ...The Hill - 2d -
Hegseth Cuts Pentagon Work on Preventing Civilian Harm
Employees at the Pentagon’s Civilian Harm Mitigation and Response office were told their jobs would be eliminated, as would advisory posts at operational commands.The New York Times - 1d -
Federal Cuts Came to Native Schools. Students Are Livid.
As the Trump administration trims the federal work force, students and educators at Haskell Indian Nations University in Kansas fear for the future of a school that was already facing troubles.The New York Times - 1d -
Chancellor set to cut welfare spending by billions
Cuts to areas including welfare will be put to the official forecaster ahead of the Spring Statement.BBC News - 1d -
Reeves's proposed cuts will trigger big political arguments
The briefing that Rachel Reeves will make large spending cuts this month is very significant.BBC News - 1d -
US cuts off intelligence sharing with Ukraine
Fresh blow to Kyiv as Trump administration shifts on conflictFinancial Times - 1d -
Defense Department begins cutting workers this week
Nearly 100 probationary employees were fired from the Defense Logistics Agency, and more defense cuts are expected.CBS News - 1d -
Federal judge presses pause on NIH funding cuts
A federal judge on Wednesday issued an order temporarily blocking the Trump administration from imposing a 15 percent cap on research funding from the National Institutes of Health (NIH), finding ...The Hill - 1d -
Defense Department begins cutting workers this week
Nearly 100 probationary employees were fired from the Defense Logistics Agency, and more defense cuts are expected.CBS News - 1d -
Lord Lee: ‘cut cash Isa allowance in half’
UK’s first ‘Isa millionaire’ urges curbs on popular saving products to support domestic stocksFinancial Times - 12h -
Veterans cuts spark GOP backlash on Capitol Hill
"We don't need to be reading memos in the paper about 20 percent cut at the VA," Sen. Lindsey Graham said.Politico - 2h -
Layoffs spiked in February, led by DOGE cuts
Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the ...CBS News - 38m -
Thousands of IRS employees expected to be fired by Trump administration this week
One month into Trump's new administration, the president is continuing with his efforts to reshape the federal government. More than 6,000 IRS employees are expected to be fired by the end of the ...CBS News - Feb. 20 -
The Trump administration is firing 2,000 USAID workers and putting thousands of others on leave
The Trump administration said that it is eliminating 2,000 positions at the U.S. Agency for International Development (USAID) and placing all but a fraction of other staffers worldwide on leave.NBC News - Feb. 23 -
‘Don’t get your operation on a Thursday,’ this hospital expert warned. Here’s his plan to lower costs and save lives.
Eugene Litvak has a proven way to improve U.S. hospitals. If only they’d let him.MarketWatch - 3h -
Bakeries can't beat egg prices, so your cake may cost more
Flour Bakery in Boston can’t make much with just its namesake ingredient; eggs are in just about everything from pies and cakes to brioche bread.NBC News - Feb. 21 -
Social Security Administration has been on ‘autopilot,’ costing more than $800 million, acting commissioner says
Cuts affect payroll, information technology, security and travel.MarketWatch - 3d -
CrowdStrike slumps more than 6% on weak earnings outlook, overhang from outage costs
CrowdStrike shares dropped 6% after it issued weak earnings guidance and signaled ongoing pressure from its global IT outage in July.CNBC - 1d -
Tariffs could raise prices for new homes—see how much more it could cost buyers
Tariffs are expected to raise homebuilding costs, increasing prices for buyers.CNBC - 1d