Latest in Cut Taxes Spending
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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 - 14h -
House Passes G.O.P. Budget Teeing Up Enormous Tax and Spending Cuts
The vote cleared the way to enact major elements of President Trump’s domestic agenda and escalated a bitter fight among Republicans over what federal programs to shrink to finance major tax cuts.The New York Times - 3h -
Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - 3d -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 4d -
Starmer announces big cut to UK aid budget to boost defence spending
PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - 23h -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 17h -
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 - 14h -
Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - 4d -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - 2d -
Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - 1d -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - 14h -
When to hire a tax attorney
There are a number of instances in which hiring a tax attorney makes more sense than the alternatives.CBS News - 23h -
Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - 4d -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 3d -
English councils’ spending on emergency housing surges
Near-80% jump in expenditure to £732mn reflects increasingly acute homelessness crisis, says charityFinancial Times - 1d -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 1d -
Elon Musk's approach to government spending sparks debate
As head of the Department of Government Efficiency, Elon Musk has taken an aggressive approach to budget cuts. Economist Oren Cass weighs in on whether this strategy is reform or reckless ...CBS News - 1d -
Judge indefinitely pauses Trump spending freeze
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge indefinitely pauses Trump spending freeze A federal judge on Tuesday indefinitely blocked the ...The Hill - 17h -
The US risks a heavy price for cutbacks in research spending
Science funding cuts may hit long-term growth and reduce US appeal to foreign investors and talentFinancial Times - 11h -
Starmer and Badenoch clash over defence spending at PMQs
The prime minister announced the UK will reallocate aid funds to boost military spending to 2.5% of GDP by 2027.BBC News - 3h -
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.The New York Times - Feb. 15 -
It’s time for Americans to withhold their taxes | Judith Levine
The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...The Guardian - 6d -
Companies are unprepared for new tax trade-off in 2025
As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...The Hill - 2d -
Can you dispute your tax bill with the IRS?
Receiving an unexpected tax bill from the IRS doesn't mean you're automatically obligated to pay it.CBS News - 2d -
Technology is speeding up tax season, but not the audit process
Politicians on both sides of the political aisles should relish giving their constituents a much-deserved psychological rest after completing their tax-return filing duties.The Hill - 22h -
Is spending all day on your feet at work an occupational hazard?
Spending all day standing can take a toll on a worker’s bodyABC News - 6d -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - 5d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 5d -
Keir Starmer urged to ramp up defence spending – UK politics live
This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...The Guardian - 5d -
Every hour children spend on screens raises chance of myopia, study finds
Experts warn young people should have limited use of devices and spend more time outdoors. Every hour young people spend in front of screens increases their chance of being shortsighted, ...The Guardian - 5d -
Top Justice Department prosecutor resigns over climate spending probe
A top prosecutor with the Department of Justice resigned after refusing to take part in a probe of Biden-era climate spending. CBS News national environmental correspondent David Schechter reports.CBS News - 4d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 3d -
No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Football club could also lay off as many as 200 people in Jim Ratcliffe’s latest round of spending cutsFinancial Times - 1d -
Why Germany’s debt rules are a bellwether for EU defence spending
Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?Financial Times - 1d -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - 1d -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell.NBC News - 19h -
Starmer prepares to meet Trump after raising defence spending
The PM will head to Washington a day after announcing military budgets would rise to 2.5% of national income by 2027.BBC News - 14h -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - 5h