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Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.CBS News - 4h -
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 -
Mental health agency loses 1 in 10 to DOGE cuts, 988 hotline team impacted
Around 100 were fired from the Substance Abuse and Mental Health Services Administration.CBS News - Feb. 21 -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
Trump touts DOGE cuts at CPAC as he tells Elon Musk to 'get more aggressive'
Trump is scheduled to deliver remarks today at the Conservative Political Action Conference. He's spoken at the conference every year since 2016.NBC News - Feb. 22 -
DOGE for Ohio? Vivek Ramaswamy enters governor's race pushing cuts and merit pay
CLEVELAND — Biotech entrepreneur Vivek Ramaswamy, who will declare his candidacy for governor of Ohio on Monday, wants to reshape public schools, cut regulations and slash spending.NBC News - Feb. 23 -
How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local ...NBC News - Feb. 23 -
How the Trump and DOGE terminations — perhaps the biggest job cuts in history — may affect the economy
The Trump administration's federal mass job cuts may amount to the largest in history. That has financial ramifications for households and the economy.CNBC - Feb. 23 -
Taser maker Axon brushes off DOGE budget-cut worries as stock rallies
The company is playing up up its prospects for international growth and its cloud-services businessMarketWatch - Feb. 26 -
Evening Report —Trump, Musk defend DOGE as federal workforce braces for more cuts
{beacon} Evening Report TRUMP FIRST 100 DAYS © Andrew Harnik, Getty Images Trump, Musk defend DOGE as federal workforce braces for more cuts PRESIDENT TRUMP AND ELON MUSK united to defend the work ...The Hill - Feb. 26 -
Trump’s latest DOGE order aims to cut costs through federal contracts, travel
President Trump on Wednesday signed an executive order directing agency leaders to work with staff from the Department of Government Efficiency (DOGE) to cut costs through contracts, employee ...The Hill - Feb. 27 -
Elon Musk's DOGE, federal cuts and Ukraine discussed at President Trump's first Cabinet meeting
On Wednesday, Elon Musk joined President Trump's first Cabinet meeting of his second administration. Meanwhile, the president also announced that he will host Ukrainian President Volodymyr ...CBS News - Feb. 27 -
Roy Wood Jr. on DOGE cuts: Like watching people 'put together Legos without instructions'
Comedian Roy Wood Jr. likened the Department of Government Efficiency's efforts to cut federal spending to someone building LEGOs without instructions, while Elon Musk defended the team's mistakes ...The Hill - 5d -
Sunday shows preview: Fault lines deepen after Trump-Zelensky clash; DOGE cuts endure
President Trump’s public debacle with Ukrainian President Volodymyr Zelensky halted hopes for a signed minerals agreement while dividing the world — and Washington — over their support for the ...The Hill - 4d -
With student test scores flailing, DOGE cuts to Nation's Report Card raise red flags
Cuts to the Department of Education are hitting the highly valued Nation’s Report Card even as sirens blare on student test scores. The 12th grade National Assessment of Educational Progress ...The Hill - 4d -
US may exclude government spending from GDP, obscuring effect of Doge cuts
Howard Lutnick’s remarks echo Elon Musk, who says government spending doesn’t create value for US economy. US politics live – latest updates Howard Lutnick, the US commerce secretary, said on ...The Guardian - 3d -
Why DOGE’s Sharp Cuts to NOAA’s Forecasting Efforts May Affect Your Company
Government workers again push back against the Musk-led federal cutbacks — this time warning that gutting the nation’s weather forecasting and reporting could lead to billions of dollars of damage.Inc. - 1d -
GSA identifies hundreds of 'non-core' federal properties amid Trump admin's DOGE cuts
The General Services Administration (GSA) on Tuesday released a list of nearly 450 federal buildings it may seek to sell — including major real estate like the headquarters of the Justice ...The Hill - 1d -
Musk and GOP senators discuss pathway to cement DOGE cuts in closed-door meeting
Elon Musk met with Senate Republicans for nearly two hours in a closed-door lunch meeting Wednesday, seeking to reassure them amid voter angst over the sweeping cuts his Department of Government ...NBC News - 15h -
DOGE plans to cut VA contracts may harm veterans' care, employees say
Despite a backlash, Elon Musk’s DOGE is planning to terminate 585 VA contracts, some of which appear to be central to patient safety.NBC News - 6h -
Sen. Adam Schiff on looming government shutdown, DOGE cuts, Ukraine, Trump and more
Sen. Adam Schiff (D-California) spoke with CBS News congressional correspondent Nikole Killion about efforts to fund the government, President Trump's actions in the first weeks of his second term ...CBS News - 2h -
DOGE job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling?
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.MarketWatch - 24m -
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 - Feb. 24 -
Former IRS worker on being fired by Trump administration
Jonathan Curry, a media relations specialist at the Internal Revenue Service, joined CBS News with more on losing his job as the Trump administration carries on with efforts to slash spending among ...CBS News - Feb. 24 -
Panthers' Tkachuk placed on IR with groin injury
Panthers forward Matthew Tkachuk, who has missed four games since suffering a groin injury during the 4 Nations Face-Off, was placed on injured reserve.ESPN - 3d -
Who can help me with IRS tax debt?
If you owe the IRS money for back taxes and need some extra help, there are a few different options to consider.CBS News - 2d -
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.ABC News - Feb. 20 -
Thousands of IRS employees expected to be fired by Trump administration this week
One month into Trump's new administration, the president is continuing with his efforts to reshape the federal government. More than 6,000 IRS employees are expected to be fired by the end of the ...CBS News - Feb. 20 -
What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - Feb. 21 -
IRS employee says getting fired over performance was an insult
Thousands of Internal Revenue Service employees are out of a job as the Trump administration cuts the size of its workforce. CBS News reporter Kati Weis spoke with one of those employees.CBS News - Feb. 21 -
The IRS is firing thousands of workers. Will it affect your tax refund?
With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.The Hill - Feb. 22 -
Red Wings Recall Forward, Place Copp on IR as Injuries Pile Up
On Monday morning, the Detroit Red Wings re-called forward Sheldon Dries from the Grand Rapids Griffins and placed forward Andrew Copp on injured reserve.Yahoo Sports - Feb. 24 -
How far back can the IRS claim you owe money?
The IRS can't collect most back taxes indefinitely. Here's how long the agency has to collect on money you owe.CBS News - 6d -
How Canadians Are Directing Their Ire at the U.S. Over Trump’s Tariffs
Canadians are shunning American products and abandoning trips to the United States to protest the economic punishment President Trump has threatened to impose with tariffs.The New York Times - 5d -
GOP chairmen invite Hunter Biden IRS whistleblowers to Trump speech
The House GOP leaders responsible for launching an impeachment investigation into former President Biden have invited two key witnesses as their guests for President Trump’s address to Congress. ...The Hill - 2d -
What happens if you owe the IRS more than $25,000?
The IRS has powerful tools at its disposal, and if your tax debt exceeds $25,000, the penalties could be serious.CBS News - 2d -
White House plans to expand mass layoffs to IRS and Veterans Affairs
Trump administration looks to axe up to half of the tax agency’s workforce and fire up to 83,000 workers at the VA. US politics live – latest updates Mass layoffs are being planned for two ...The Guardian - 1d -
The IRS Has an Influencer Problem, Thanks to This Tax Gray Area
The tax treatment of the free products many influencers get in the course of doing their job is especially ambiguous, leaving them unaware of how to correctly file their tax returns.Inc. - 20h -
The Incompetence of DOGE Is a Feature, Not a Bug
A series of mistakes by DOGE shows just how arbitrary and destructive this slash-and-burn strategy can get.Wired - Feb. 20 -
Doge versus business
Fair competition, regulatory certainty, industry subsidies and financial security are all under attackFinancial Times - Feb. 24