Latest in Cuts Closures Trump's
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Republicans stare down massive deficits to extend Trump tax cuts
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their legislative agenda as disagreements over budget cuts look set to hamstring ...The Hill - 1d -
Trump’s cuts to renewables risk US energy crisis, warn executives
Country will struggle to meet growing demand from power-hungry AI with fossil fuels aloneFinancial Times - 3d -
We're cutting this stock position in half after President Trump imposes tariffs
If we wanted to buy into the teeth of Monday's tariffs sell-off, it would be better buy something that's trading and has strong fundamentals.CNBC - 3d -
Democrats want answers on cost-cutting prescription payment models abandoned by Trump
House Democrats want to know what the Trump administration plans to do after it rescinded a Biden-era executive order to study potential payment models for lowering prescription drug costs, looking ...The Hill - 6d -
US central bankers resist Trump’s pressure to cut interest rates
Also in today’s newsletter, the White House’s U-turn on freezing federal fundingFinancial Times - Jan. 30 -
Dems launch group to hit Trump on tax cuts
Organizers say the nonprofit will be backed by an eight-figure funding campaign.Politico - Jan. 30 -
Trump bashes Fed after bank doesn't cut rates
President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed ...The Hill - Jan. 29 -
FirstFT: Fed on collision course with Donald Trump over rate cuts
Also in today’s newsletter, OpenAI accuses DeepSeek of potential copyright breech and a new demography series beginsFinancial Times - Jan. 29 -
‘It will devastate people’: Palestinians despair at looming Unrwa closure
Nobody knows what will happen when Israel’s ban on UN agency that provides vital services across Gaza, East Jerusalem and the West Bank comes into force on 1 February. Middle East crisis – live ...The Guardian - Jan. 29 -
Fed set to repel Trump’s calls for deep rate cuts
Economists warn that political meddling in monetary policy ‘can often go very badly’Financial Times - Jan. 29 -
Closure of SAS investigation was premature, inquiry told
An inquiry into alleged killings carried out by British soldiers in Afghanistan continued on Monday.BBC News - Jan. 27 -
Rep. Don Bacon on Trump's proposed tax cuts, economic relief
On Wednesday, President Trump met with three House Republicans who kept their seats in districts that former Vice President Kamala Harris won. One of those lawmakers, Rep. Don Bacon of Nebraska, ...CBS News - Jan. 24 -
Paying for Trump's tax cuts could lead to big changes for taxpayers
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.CBS News - Jan. 24 -
Trump cuts Fauci's security detail
President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...The Hill - Jan. 24 -
Trump piles pressure on Fed chair Jay Powell to cut interest rates
US central bank widely expected to hold borrowing costs steady at meeting next weekFinancial Times - Jan. 23 -
Trump Drive to Cut Safety Net Could Hit His Voters
The new administration wants to slash aid for health, food and housing, but many of those programs now reach the struggling working class he is courting.The New York Times - Jan. 23 -
CNN Cuts Jobs and Shuffles TV Lineup as It Enters New Trump Era
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.The New York Times - Jan. 23 -
Trump: 'We have to get Democrats' to approve tax cuts
President Trump said Thursday he’s working with Democrats on extending and building off of his 2017 tax cuts — one of the top legislative priorities for Republicans, who are split on many of the ...The Hill - Jan. 23 -
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.The New York Times - Jan. 23 -
Republicans reportedly ready to cut Medicaid funding to pay for Trump plans
House and Senate Republicans float ideas to pay for Trump’s immigration crackdown and to fund tax cuts. US politics – live updates Republicans are reportedly prepared to cut Medicaid funding ...The Guardian - Jan. 23 -
Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress
Tariffs only made up about 2 percent of annual revenue before.Inc. - Jan. 22 -
These federal jobs are most at risk of being cut by Trump’s executive orders
Workers in DEI roles, new hires, and IRS employees are at risk as Trump culls the federal workforce.MarketWatch - Jan. 22 -
For federal workers, Trump’s return-to-office order amounts to an unwelcome pay cut
The approaching return to full-time in-person work will cost remote and hybrid workers hundreds, if not thousands, of dollars per year.MarketWatch - Jan. 22 -
22 states challenge Trump's executive order cutting birthright citizenship
President Trump's bid to cut off birthright citizenship is "flagrantly unlawful," attorneys for 18 states said in a lawsuit challenging the president's executive order.ABC News - Jan. 22 -
Trump’s Onslaught of Executive Orders Aren’t All What They’re Cut Out To Be
So begins Trump’s quest of unraveling Biden-era regulations.Inc. - Jan. 22 -
Trump Aims to Cut the Federal Work Force. It’s Already Historically Low.
The Biden administration expanded the government payroll at the fastest pace in decades, but it is near a record low as a share of overall employment.The New York Times - Jan. 21 -
Jan. 6 rioter celebrates Trump pardon, cuts ankle monitor
Gabriel Augustin Garcia celebrated President Trump pardoning Jan. 6 rioters by removing his ankle monitor. The former Army captain was charged with several crimes related to the Jan. 6 riot, ...NBC News - Jan. 21 -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - Jan. 17 -
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Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - Jan. 16 -
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - Jan. 16 -
FDA to cut nicotine from cigarettes, in plan first floated under Trump
It will be up to the returning Trump administration to decide whether to finalize the rule.CBS News - Jan. 15 -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - Jan. 12 -
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 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8
