Latest in Aims Cut Billions
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UK Aims to Cut Billions in Welfare Amid Budget Crunch
Changing disability allowances is a particularly contentious move within Prime Minister Keir Starmer’s center-left Labour Party.The New York Times - 11h -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
Pentagon aims to cut up to 60,000 civilian jobs through buyouts, attrition
The Pentagon plans to cut 50,000 to 60,000 civilian jobs over the next several months via voluntary resignations and not replacing workers who leave, a senior defense official confirmed Tuesday. ...The Hill - 7h -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
How DOGE Cuts Aim to Push the Social Security Administration Beyond Breaking Point
Elon Musk’s federal spending and headcount slashing is supporting a longtime Republican goal: disabling the Social Security Administration while legislators can still deny they voted for cuts.Inc. - 10h -
Benefits crackdown unveiled with aim to save £5bn a year by 2030
Measures include restricting eligibility for disability payments and cutting benefits for health conditions.BBC News - 10h -
Labour unveils disability benefits cuts that aim to save over £5bn
Move risks stoking biggest backbench rebellion of Keir Starmer’s premiershipFinancial Times - 13h -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - Mar. 8 -
Senate passes Trump-endorsed fix to avert DC budget cuts
Senators voted Friday to pass legislation to prevent cuts to the District of Columbia's local budget after city officials warned the District faced a $1 billion hit under a stopgap government ...The Hill - 4d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 5d -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - Mar. 9 -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - 5d -
Does cutting benefits actually work?
The government has set out plans to save billions of pounds from the welfare bill - how have previous attempts to do this fared?BBC News - 11h -
Liz Kendall unveils UK benefits cuts set to leave many sick and disabled worse off
Welfare secretary announces changes aimed at cutting bill by up to £5bn in face of opposition from Labour MPs. UK politics live – latest updates Liz Kendall, the welfare secretary, has faced ...The Guardian - 14h -
The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable
Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billionABC News - 12h -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - Mar. 10 -
Congress poised to force $1B cut to local DC budget, surprising many lawmakers
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 billion cut to the district’s local budget, a move that has been catching ...The Hill - 5d -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - 4d -
Trump proposes cutting ACA enrollment period, ending 'Dreamer' coverage
The Trump administration is proposing to shorten ObamaCare's annual open enrollment period by a month, a move the administration said is aimed at helping consumers pick the right plan. According to ...The Hill - Mar. 10 -
Trump administration cuts export office staff amid escalating trade war
The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...The Hill - 5d -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - 6d -
Reeves to outline plan to cut regulation costs and boost growth
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...The Guardian - 2d -
SpaceX rocket carrying NASA's newest space telescope launches from California
The $488 million Spherex mission aims to explain how galaxies formed and evolved over billions of years, and how the universe expanded so fast in its first moments.CBS News - Mar. 11 -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - 14h -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - 6d -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - Mar. 11 -
EPA takes aim at toxic protections, begins massive deregulation campaign
EPA takes aim at water, air and toxics protections as part of massive deregulation campaign.ABC News - 6d -
EPA signals it will slash climate and pollution rules, including for cars and power plants
The Environmental Protection Agency (EPA) indicated Wednesday that it will slash a broad suite of rules and determinations that aim to cut pollution or mitigate climate change — including from cars ...The Hill - 6d -
Trump administration's climate rollbacks spark concerns over environmental fallout
The Trump administration is moving forward with what EPA Administrator Lee Zeldin calls the "largest deregulatory action in U.S. history," aiming to undo 31 environmental regulations. The changes ...CBS News - 4d -
Wendy Williams takes aim at guardianship in 'The View' interview
Former talk show host Wendy Williams took steady aim at her court-appointed guardianship in an interview with "The View" Friday, insisting that she is not cognitively impaired and does not know why ...NBC News - 4d -
Nasa’s new Spherex telescope lifts off to map cosmos in unprecedented detail
The $488m Spherex mission aims to explain how galaxies evolved over billions of years. Nasa ’s newest space telescope rocketed into orbit on Tuesday to map the entire sky like never before – a ...The Guardian - 6d -
PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion
PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion.NBC News - 1d -
Oakland A’s being valued at $2 billion in sale of new shares of team
John Fisher, managing partner of the Oakland A's, is offering new shares in his MLB team at a $2 billion valuation, according to sources.CNBC - 1d -
Google parent Alphabet to buy Wiz cybersecurity firm for $32 billion
The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.CBS News - 14h -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 6d -
'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal
Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.Los Angeles Times - 6d -
Slot aims for first trophy - as Magpies try to end drought
Liverpool are aiming for a first trophy under Arne Slot while Newcastle United have a chance to win a first trophy in 56 years in Sunday's Carabao Cup final.BBC News - 4d -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - 5d -
Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump
The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.The New York Times - 4d -
Fernandes takes aim at Ratcliffe for saying some players ‘overpaid’ and ‘not good enough’
‘It’s not nice to hear certain things,’ says United captain Fernandes responds after co-owner’s critical interviews Bruno Fernandes has aimed a barb at Sir Jim Ratcliffe by stating no player ...The Guardian - 4d