Latest in Federal Funding Cuts
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White House defends dramatic federal funding freeze
The administration declined to say when the pause would lift.Politico - 5d -
12:30 Report — Alarm bells go off over federal funding freeze order
{beacon} 12:30 REPORT It’s Tuesday, but there’s been enough news already that I have deemed today Wednesday. 😅 Here’s what’s happening: Trump orders halt for nearly all federal assistance. ...The Hill - 5d -
Trump administration orders federal funding freeze on loans, grants and more aid
The freeze could have wide-ranging implications, with the White House noting that $3 trillion was spent in 2024 on federal assistance programs.CBS News - 5d -
Trump signs actions curtailing federal funding for abortion
President Trump on Friday took a pair of actions to limit U.S. government funding for abortions, reversing some of the Biden administration's efforts to increase access to the procedure. Trump ...The Hill - Jan. 25 -
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 -
Travel, grant and funding cuts ‘stifling’ US health agencies in new Trump era
Halts to external communications, publishing reports and reviewing and approving research a ‘dramatic shift’. US health agency employees are now banned from nearly all travel and certain agencies ...The Guardian - Jan. 24 -
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 -
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 -
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 -
Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.
President Donald Trump has long proposed cutting Medicaid, which covers healthcare for lower-income Americans.MarketWatch - Jan. 21 -
Funding cuts to Afghanistan are the biggest threat to helping women, aid agency chief warns
The head of a major international aid agency is warning that funding cuts to Afghanistan are the biggest threat to helping the country’s womenABC News - Jan. 19 -
Hospital funding announcement next week, BBC told
A Department of Health and Social Care spokesperson said the government planned to rebuild the NHS.BBC News - Jan. 19 -
Independent secures funding from Bill Gates’ foundation
It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the worldFinancial Times - Jan. 19 -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - Jan. 18 -
Your cash emergency fund probably isn’t going to cut it in this economy
The amount of time people spend looking for a new job in the U.S. has grown lengthier — yet most people have not adjusted their savings to account for that.MarketWatch - Jan. 18 -
Moderna Gets $590 Million of Federal Funding For Influenza Vaccines
The package will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines, the company saidThe Wall Street Journal - Jan. 17 -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - Jan. 17 -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - Jan. 17 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
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 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
