Latest in Budget Cuts
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Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 13h -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - 15h -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - 17h -
Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs
The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.The New York Times - 1d -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 1d -
‘The dreaded B-word’: how to start budgeting
Money is emotional – but avoiding a budget is often more of a headache than making one. For some, making a personal budget sounds about as appealing as licking a subway floor.. “They think of it as ...The Guardian - 1d -
Russell Vought Poised to Expand Power of White House Budget Office
If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.The New York Times - 2d -
Democrats grill Trump budget pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...The Hill - 2d -
Trump’s pick for budget chief echoes his ‘power of the purse’ dreams
The president-elect's nominee for White House budget director reiterated that Trump believes law protecting Congress’ funding power is unconstitutional.Politico - 2d -
5 Budgeting Apps to Help You Save Money
Looking to start a personal budget or save come cash? Here are a few smartphone apps that can help you penny-pinch your way to financial peace of mind.Wired - 2d -
Kristin Crowley: LA fire chief publicly criticizing the city’s budget cuts
LA’s first female fire chief, in a public spat with the mayor, is a 25-year veteran who’s prioritized diversifying her team. Kristin Crowley was appointed Los Angeles fire chief in 2022 at a time ...The Guardian - 5d -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - 6d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Carville: Reported $40M budget for Melania Trump Amazon documentary 'breathtaking'
Democratic strategist James Carville questioned the $40 million budget for Melania Trump’s documentary set to debut on Amazon Prime later this year. “You can produce a world-class documentary for ...The Hill - Jan. 10 -
Extended interview: L.A. fire chief on how budget cuts limited fire response "to a certain factor"
Los Angeles Fire Chief Kristin Crowley praises resilient firefighters as they battle fires across Los Angeles, talks about whether $17 million in budget cuts hampered the agency's wildfire ...CBS News - Jan. 10 -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.CBS News - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - Jan. 8 -
Call Of Duty Budget Reportedly As High As $700 Million Per Game
Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...GameSpot - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Taiwan holds military drills as concerns rise over possible defense budget cut
Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budgetABC News - Jan. 7 -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6 -
Naughty Dog Founder Reveals Budgets Of Original Games And Why They Sold To Sony
Andy Gavin, one of the co-founders of Naughty Dog, has explained why the company sold itself to Sony back in 2001. Posting on LinkedIn , Gavin said he's been asked "countless times" why Naughty ...GameSpot - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
Budget gyms aim to bulk up in smaller UK centres
PureGym and The Gym Group say plenty of opportunities remain as cost-conscious consumers try to keep fitFinancial Times - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1 -
Forrester on cybersecurity budgeting: 2025 will be the year of CISO fiscal accountability
With 90% of cybersecurity and risk leaders predicting they'll see budget increases in 2025, many are facing a new era of accountability.VentureBeat - Dec. 30
