Latest in Benefit Cut
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Rules for repaying Social Security benefits are about to get stricter. Here's what to know
Social Security beneficiaries who receive more money than they are owed will now face a 100% default withholding rate from their monthly checks, the agency said.CNBC - 5d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 4d -
A Trump critic just won Greenland's election, but the White House may still benefit
A party that has criticized President Trump's threat to take over Greenland won an election there, but may have to govern with a pro-White House opponent.NBC News - 3d -
We're adding to our position in a hard-hit stock that benefits from lower mortgage rates
It's our third stock purchase on Thursday as Wall Street continues its rough stretch.CNBC - 2d -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - 1d -
If Medicaid cuts include work requirements, people may lose health coverage as a result, research finds
Congress may have to implement Medicaid cuts to reach its budget targets. That could include new work requirements in order to obtain coverage.CNBC - 6d -
Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.NBC News - 5d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - 2d -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - 6d -
Israel to cut off electricity in Gaza in apparent effort to force hand of Hamas
Humanitarian officials say move could hit already meagre water supply, as ceasefire talks grow increasingly chaotic. Israel is to cut off any remaining electricity supplies to Gaza in an apparent ...The Guardian - 6d -
Former USAID employees on cuts: 'We are going to put lives in jeopardy'
Two former employees of the U.S. Agency for International Development (USAID), who were fired last month, told CNN the 83 percent spending cuts Secretary of State Marco Rubio announced Monday would ...The Hill - 5d -
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - 5d -
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 - 4d -
Oz dodges questions about Medicaid cuts in confirmation hearing
Dr. Mehmet Oz, President Trump’s pick to lead the Centers for Medicare and Medicaid Services (CMS), dodged questions from Democrats on Friday about whether he supported potential cuts to Medicaid. ...The Hill - 1d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - 2d -
Former Obama-era Education secretary says Trump cuts are "morally and educationally bankrupt"
The Trump administration is cutting the Education Department's workforce in half. Arne Duncan, who served as secretary of education under former President Barack Obama, joins "The Daily Report" to ...CBS News - 3d -
US aid cuts are hurting Africa's ability to respond to disease outbreaks, health chief says
Aid cuts by the United States are hurting Africa’s capacity to respond to disease outbreaks, the head of the continent's public health agency said ahead of a meeting with regional health ministers ...ABC News - 2d -
UN World Food Program to cut food aid for over 1 million people in Myanmar
The United Nations food agency says that more than 1 million people in the war-torn nation of Myanmar will be cut off from food assistance due to critical funding shortfallsABC News - 1d -
The 49ers bring back Kyle Juszczyk days after cutting him, AP source says
Fullback Kyle Juszczyk is returning to the San Francisco 49ers on a two-year, $8 million contract just days after being cut, a person familiar with the deal told The Associated Press on Saturday. ...Yahoo Sports - 7h -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - Mar. 6 -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 4d -
Women will get most of the $124 trillion 'great wealth transfer.' Here's why
Women stand to benefit disproportionately from the greatest generational wealth transfer in history, studies show.CNBC - 3d -
Would $50 oil really be good for the US?
Bosses warn potential consumer benefits would be offset by squeezed domestic shale industryFinancial Times - 2d -
Fewer Americans file for jobless claims, signaling a still-healthy US labor market
The number of Americans filing for unemployment benefits fell slightly last week, indicating a still-healthy U.S. labor marketABC News - 2d -
Bumble Bee Foods Is Accused of Tolerating Forced Labor in Supply Chain
In a lawsuit filed in California, the plaintiffs said that Bumble Bee Foods was aware of and benefited from abuse by suppliers. The company declined to comment.The New York Times - 2d -
Gold hits $3,000 for first time on global growth fears
Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade warsFinancial Times - 1d -
Winners and losers of Rams' first wave of moves in free agency
Who's benefitted most from the Rams' initial moves of free agency and whose stock has taken a hit?Yahoo Sports - 1d -
Palm Beach Society Goes On, With and Without Trump
At a pair of benefits on this exclusive island, many well-heeled guests were holding their tongues when it came to politics.The New York Times - 1d -
49ers cut DT Maliek Collins
The 49ers are releasing veteran defensive tackle Maliek Collins, according to multiple reports.Yahoo Sports - 6d -
The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - 5d -
NFL performance-based pay: Top 25 players who benefited most, including Brock Purdy nearly doubling his salary
These young overachievers received deserved bonusesCBS Sports - 3d -
2025 NFL free agents who should benefit most from new scenery: Davante Adams with Rams, plus 7 other key names
Which veterans are poised to make a leap in their new homes?CBS Sports - 1d -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - 6d -
USAid cuts could create untreatable TB bug ‘resistant to everything we have’
Projects to detect, treat and research new ways to fight TB among those disrupted by sudden funding freeze . Dangerous new forms of tuberculosis (TB) for which there is no treatment could emerge as ...The Guardian - 5d -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - 4d -
'A lot of fear': Speaker Johnson's constituents react to potential cuts to Medicaid, food stamps
NBC News Capitol Hill Correspondent Melanie Zanona reports from Vinton, Louisiana, on how Speaker Mike Johnson’s constituents are reacting to potential cuts to Medicaid and food stamps. NBC News ...NBC News - 3d -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 2d -
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 - 2d -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - 1d -
Defunded Aid Programs Are Asked by Trump Administration to Prove Their Value, on a Scale of 1 to 5
A week after terminating thousands of contracts, the administration has sent questionnaires to those programs asking how their work benefits the U.S. national interest.The New York Times - Mar. 6
