Latest in Chiefs Tussle Spending
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House GOP releases budget calling for trillions in cuts to taxes and spending
House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.NBC News - 25m -
The Guardian view on spending cuts: behold the grim return of slash-and-burn government | Editorial
Spending public money carefully is a virtue in itself, but running down the public sector can cause huge problems later on. Slash-and-burn government is back in vogue. Whether it is Elon Musk and ...The Guardian - 1h -
Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - 3h -
Starmer summons UK defence chiefs in tussle over spending
Trump is pushing European governments to commit much higher funding to armed forcesFinancial Times - 8h -
The Pentagon needs a budget cut, not a spending spree
Lawmakers are pushing to increase Pentagon spending by up to $500 billion, but this would accelerate our national debt and fail to address wasteful programs and inefficiencies.The Hill - 2h -
Growth in Russian military spending outpaces all European countries combined: Think tank
The rate of growth for Russia's military spending outpaced all other European countries combined in 2024 as its invasion of Ukraine has persisted for nearly three years, according to an analysis ...The Hill - 2h -
House Republicans release budget plan, with trillions in tax and spending cuts
House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.CBS News - 3h -
Republicans Love Trump’s Spending Cuts. Just Not in Their States.
Even as they praise the president’s unilateral actions to slash federal spending, G.O.P. lawmakers have quietly moved to seek carve outs or exemptions for their own constituents.The New York Times - 4h -
Russian defence spending exceeds all of Europe combined, study finds
IISS assessment lays bare challenges facing Europe should US cut back Ukraine military supportFinancial Times - 10h -
Snap’s increased AI spending may push profits even further out
Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.MarketWatch - 21h -
Appeals court denies Trump admin request to block judge's order to lift spending freeze
A federal appeals court on Tuesday declined to temporarily block a lower court's orders directing the Trump administration to unfreeze federal grants. The U.S. Court of Appeals for the 1st Circuit ...The Hill - 22h -
Reeves faces cutting spending or raising taxes as UK growth disappoints
Chancellor’s fiscal headroom has been wiped out, according to preliminary forecasts by watchdogFinancial Times - 22h -
Evening Report — Trump tussles with the courts
Presented by March of Dimes {beacon} Evening Report TRUMP FIRST 100 DAYS © UPI Trump locked in court battles as Dems fear 'constitutional crisis' IT'S PRESIDENT TRUMP VS. THE COURTS, as Democrats ...The Hill - 23h -
Schumer: Democrats will use spending bills to curb Musk
Senate Democratic Leader Chuck Schumer (N.Y.) says Democrats will push for language in the spending bills that need to pass by March 14 that would unwind Elon Musk’s efforts to dismantle government ...The Hill - 1d -
Aguilar says Democrats would oppose spending bill with Department of Education cuts
Rep. Pete Aguilar, D-Calif., said that House Democrats would vote against a government funding bill if it included cuts to the Department of Education. Aguilar claimed Republicans "don't care about ...NBC 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 -
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 - 1d -
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 - 1d -
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 -
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 -
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 -
‘She is financially irresponsible’: My husband secretly gives our daughter, 37, thousands of dollars. She spends the money wildly. How do I stop this?
“My husband has been giving her money each month. The deposits from October 2024 through February 2025 total almost $13,000.”MarketWatch - 3d -
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Post Office tussles with UK government over ‘drip feed’ funding
State-owned company at centre of Horizon scandal struggling to secure long-term finance deal, say sourcesFinancial Times - 3d -
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 - 3d -
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 -
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 - 4d -
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 - 4d -
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 -
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 - 5d
