Latest in Budget Cut Spending
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House Budget chair floats framework for advancing Trump agenda in closed-door meeting
House Budget Committee Chair Jodey Arrington (R-Texas) floated a framework for advancing President Trump’s legislative agenda during a private meeting of panel members Tuesday morning, sources told ...The Hill - 1d -
House GOP to move forward with budget plan as Senate pursues competing proposal
Speaker Mike Johnson said House GOP expects to move forward on budget plan this week that lays foundation for approving Trump's agenda.CBS News - 1d -
DOGE can cut spending, but can it make government more accountable?
Donald Trump could deliver lasting change, by returning power back to the people where it belongs.The Hill - 1d -
As Musk cuts federal spending, his own firms have received billions in contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.ABC News - 1d -
A quick way to cut $1 trillion in federal spending
President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.The Hill - 1d -
EU plans radical budget overhaul handing more power to capitals
Bloc’s 50 spending programmes to be lumped into 3 funds, according to paperFinancial Times - 2d -
Why Apple may get the ‘last laugh’ in AI as rivals double down on spending craze
Apple will have more free cash flow at its disposal and can “pawn off” AI spending on other big technology companies, one analyst said.MarketWatch - 2d -
Progressive group sounds alarm on Medicaid cuts
Presented by American Medical Association — A new report from Democratic-aligned group Protect Our Care highlights potential GOP changes to Medicaid. {beacon} Health Care Health Care The Big ...The Hill - 2d -
More job cuts expected at Justice Department, FBI
Staff within the Justice Department and FBI are on edge and bracing for more firings due to the changes under the new Trump administration. CBS News Department of Justice correspondent Scott ...CBS News - 2d -
Wildfire mitigation projects caught up in Trump’s spending freeze
Some forest management projects that aim to mitigate wildfire risk are among the projects that have been halted under President Trump’s executive order to freeze spending. In a letter to the Trump ...The Hill - 2d -
Trump’s budget cuts are unconstitutional
These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.The Hill - 2d -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 2d -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 3d -
Brady's B'ham, Wrexham drive record spending
Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...ESPN - 3d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 3d -
Rep. Hern defends delay on House budget proposal
Rep. Kevin Hern (R-Okla.), chair of the House Republican Policy Committee, on Sunday defended Speaker Mike Johnson (R-La.) for the delay in unveiling a budget resolution. In an interview on ...The Hill - 3d -
No Welsh budget deal yet, says Lib Dem leader
Labour needs to reach an agreement with another party as they have only half the Senedd seats.BBC News - 3d -
Typical homebuyers in Los Angeles, San Francisco and San Diego spend up to 78% of income on housing
In many major U.S. cities, the cost of owning a home is twice what financial planners recommend spending.CNBC - 3d -
Driver cut free after crash with highways vehicle
Firefighters say the highways vehicle was stationary within a closed work zone when it was hit.BBC News - 3d -
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Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 4d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 4d -
Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill
Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...The Hill - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - 4d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 4d -
Even if France’s budget doesn’t tackle the public deficit, let’s give thanks it exists | Agnès Poirer
Politics have sunk so low since Emmanuel Macron’s snap election, we’re just grateful when foretold catastrophes don’t materialise. Houra! Or rather, hurrah! On Monday, the French government, led ...The Guardian - 4d -
Guardiola denies City spend due to embargo fear
Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.ESPN - 4d -
Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.The New York Times - 5d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 5d -
Republicans eye dueling budget votes next week as Mike Johnson faces pressure to act
House Speaker Mike Johnson is eying a committee vote next week to kickstart a massive multi-trillion-dollar package to advance President Donald Trump’s legislative agenda.NBC News - 5d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - 5d -
Senate Confirms Russell Vought as Office of Management and Budget Director
Mr. Vought, an architect of Project 2025 who served in the first Trump administration, will be at the center of President Trump’s plans to upend the federal bureaucracy.The New York Times - 6d -
Russ Vought confirmed as White House budget chief
Democrats fought the OMB nominee's confirmation, elevating a little-known agency head to the national spotlight amid larger anxieties about the fate of congressional spending authority.Politico - 6d
