Latest in Cut Inflation
Sort by
219 items
-
Cuts at the U.S. Forest Service could lead to unintended consequences
U.S. national forests are maintained by an army of Forest Service workers, but recent cuts could have the forests looking very different this summer.CBS News - 2d -
Who Are the Probationary Federal Workers Being Cut Under Trump?
Many government workers being cut are those with fewer protections. They are relatively new in their current jobs, but often have years of experience.The New York Times - 2d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 2d -
Starmer’s cuts are a huge mistake – foreign aid is an investment, not an expense | Halima Begum
At the height of the cold war, the west advanced its soft power through aid and development spending. If we cut that now, who will fill the vacuum?. Halima Begum is the chief executive of Oxfam ...The Guardian - 1d -
Police rescue a Chinese student whose finger was cut off by kidnappers
Philippine police say they safely recovered a Chinese student who was kidnapped by a gang that killed his driver and cut off the student’s finger in a bid to force his parents to pay a huge ransomABC News - 1d -
US climate research agency braces for ‘efficiency’ cuts: ‘They will gut the work’
Workers at National Oceanic and Atmospheric Administration fear crackdown will have global fallout. The Trump administration has set its sights on the National Oceanic and Atmospheric ...The Guardian - 1d -
What Can House Republicans Cut Instead of Medicaid? Not Much.
The math of the G.O.P.’s goals makes the move almost unavoidable.The New York Times - 1d -
Wonder Woman game axed as Warner Bros cuts three studios
Warner Bros Games joins a growing list of companies making cuts in the gaming industry.BBC News - 1d -
Trump says Zeldin plans to cut up to 65 percent of EPA staff
President Trump said Wednesday that Environmental Protection Agency (EPA) Administrator Lee Zeldin has floated cutting the agency’s workforce by up to 65 percent. Speaking at the inaugural Cabinet ...The Hill - 1d -
Trump says House budget plan will not cut Medicaid benefits
President Trump said the budget plan he endorsed and that passed in the House will not lead to cuts to Medicaid benefits. CBS News' Caitlin Huey-Burns has more.CBS News - 1d -
Could Forest Service cuts lead to more bear encounters?
Cuts of U.S. Forest Service staff members who work around America's national parks could impact visitors in different ways, even increasing the potential for harm. CBS News' Ian Lee explains.CBS News - 1d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 1d -
Trump hints at deep cuts at the EPA, alarming workers and groups
President Trump said the head of the EPA is prepared to implement deep staffing and spending cuts as part of the administration's efforts to downsize the executive branch.CBS News - 1d -
Trump Says E.P.A. Layoffs Will Cut Staff by 65 Percent
The president said Lee Zeldin, the E.P.A. administrator, was planning mass layoffs. Several hours later, White House officials said the president was referring to budget cuts.The New York Times - 1d -
Some small businesses are on the brink after Trump's spending cuts affect contracts
"My company has been left behind," one small business founder said.ABC News - 1d -
Johnson says deal to avert shutdown will probably be 'clean,' without DOGE cuts
Speaker Mike Johnson (R-La.) said on Wednesday that a stopgap to avert a government shutdown next month is “becoming inevitable” and that it will probably be as “clean” as possible, as both sides ...The Hill - 1d -
Mulvaney says Trump, Musk 'itching for a fight' with courts on federal worker cuts
NewsNation contributor and former White House chief of staff Mick Mulvaney said President Trump and Elon Musk are itching for a fight with the courts over their cuts to the federal workforce. ...The Hill - 1d -
Deeper government cuts may include 65% reduction at EPA, Trump says
Surrounded by his cabinet, President Trump warned far deeper cuts are coming than the ones imposed so far, including potentially a 65% budget cut at the Environmental Protection Agency, which ...CBS News - 1d -
GOP Gambles on Budget Plan That Helps the Rich and Cuts Aid to the Poor
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.The New York Times - 18h -
Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - 16h -
-
Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.MarketWatch - 13h -
How would Medicaid cuts impact seniors in nursing homes?
The safety net is already precarious, so any shifts could break the systemMarketWatch - 13h -
White House says EPA will cut 65 percent of spending, not staff
Shortly after President Trump said Environmental Protection Agency (EPA) Administrator Lee Zeldin plans to cut 65 percent of the agency’s staff, the White House clarified and said Trump was ...The Hill - 13h -
Protests at USAID building as workers pack up their desks, cuts take effect
Protesters are outside a United States Agency for International Development building in Washington, D.C., in support of fired workers. This comes after the Supreme Court's Chief Justice John ...CBS News - 12h -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - 12h -
Jeffries warns major Medicaid cuts are coming with budget plan
House Minority Leader Hakeem Jeffries says cuts to Medicaid will emerge from the budget negotiations in Congress. CBS News' Nidia Cavazos reports as President Trump and House Speaker Mike Johnson ...CBS News - 9h -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 10h -
Trump cuts off talk of Canada annex alongside UK’s Starmer: ‘That’s enough’
President Trump on Thursday cut off talk during a press conference with United Kingdom Prime Minister Keir Starmer about his desire to make Canada “the 51st state,” with Starmer insisting there is ...The Hill - 7h -
GOP is considering cuts to Medicaid funding. Here's who could be impacted
The House GOP is considering significant cuts to Medicaid, potentially slashing billions. Health policy experts say Medicaid provides vital services to many AmericansABC News - 8h -
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.ABC News - 5h -
Social Security Administration announces ‘massive’ reorganization, ‘significant’ job cuts
The Social Security Administration announced a “massive” reorganization and “significant” job cuts on Thursday that critics said could increase customer-service wait times and make it more ...MarketWatch - 3h -
Autodesk says it’s cutting 9% of its workforce, and shares rise
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...MarketWatch - 3h -
Trump cuts nearly $60 billion in foreign aid grants and contracts
For 60 years, the United States has believed that foreign aid in the form of international grants to provide food, medical care and other humanitarian aid would stabilize the chaotic world. In a ...CBS News - 3h -
2025 NFL cut candidates for all 32 teams: Kirk Cousins and Cooper Kupp are on the move
Kirk Cousins and Cooper Kupp are potential cap casualties as 2025 NFL free agency approaches.Yahoo Sports - Feb. 20 -
Trump’s first month back in office marked by mixed polling on his federal cuts
NBC News White House Correspondent Yamiche Alcindor, Senior National Security Correspondent Courtney Kube and Capitol Hill Correspondent Julie Tsirkin join Meet the Press NOW to report on President ...NBC News - Feb. 20 -
Transportation Secretary Sean Duffy says FAA cuts won't affect flight safety
On his first full day as transportation secretary, Sean Duffy faced the deadliest U.S. aviation accident in more than 20 years. The midair collision near Washington, D.C., killed 67 people and just ...CBS News - Feb. 20 -
Georgia Republican faces town hall backlash over DOGE's 'chainsaw approach' to federal cuts
Rep. Rich McCormick, who represents a safe GOP district, came under harsh criticism that focused on the Trump administration’s moves to slash federal jobs and budgets.NBC News - Feb. 21 -
Huge cuts in National Institutes of Health research funding go before a federal judge
A court battle is set to resume over the Trump administration’s drastic cuts in medical research fundingABC News - 6d -
Huge cuts in National Institutes of Health research funding go before a federal judge
A court battle is set to resume over the Trump administration’s drastic cuts in medical research fundingABC News - 6d
