Latest in Federal Spending
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Trump says he ‘would consider’ raising the federal minimum wage
President-elect Donald Trump says there’s a “level at which you could” raise the federal minimum wage, but he would want to speak to governors first during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump says ‘we're not touching’ Social Security in proposed cuts to government spending
During an exclusive interview with Meet the Press, President-elect Donald Trump says he’ll make the federal government “more efficient,” but he does not plan to touch federal entitlements like ...NBC News - Dec. 8 -
Federal appeals court upholds law requiring sale or ban of TikTok in the US
A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok as soon as next month, handing a resounding defeat to the popular social media platform as it ...ABC News - Dec. 6 -
Elon Musk spends $277 million to back Trump and Republican candidates
Elon Musk was the largest donor in the 2024 election cycle, spending at least $277 million to back President-elect Donald Trump and other Republican candidates.CBS News - Dec. 6 -
DOGE's Musk, Ramaswamy want Congress to pass huge spending cuts. That's a tough sell
Congress' enthusiasm for smaller government is tempered by the difficulty of agreeing on what to cut.CNBC - Dec. 6 -
TikTok Ban or Sale Upheld by Federal Appeals Court
The D.C. Circuit denied TikTok’s petition to overturn the ruling that requires it to break with parent company ByteDance or be banned.Inc. - Dec. 6 -
Federal Judge Upholds Racial Preferences in Naval Academy Admissions
A group that successfully challenged affirmative action at the Supreme Court had also sued the military academies. But, the judge said, “the U.S. Naval Academy is distinct from a civilian university.”The New York Times - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
Federal appeals court upholds TikTok ban
A panel of federal judges voted unanimously to uphold a law that could ban TikTok in the United States if the app's Chinese parent company does not sell to an American owner. NBC News' Savannah ...NBC News - Dec. 6 -
Federal judges uphold law that could ban TikTok in the U.S.
A panel of three federal Appeals Court judges ruled unanimously to uphold a law Friday that could potentially ban TikTok in the U.S.NBC News - Dec. 6 -
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
The Consumer Financial Protection Bureau accused the bank of intentionally terminating calls and mishandling fraud complaints.CNBC - Dec. 6 -
Federal appeals court upholds law requiring sale or ban of TikTok in the U.S.
A federal appeals court panel on Friday upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its ...ABC News - Dec. 6 -
Stephen Miller: Trump will tell at-home federal workers to return to office
Stephen Miller, who has been tapped to serve as White House deputy chief of staff for policy, says President-elect Trump will order federal workers to return to the office and not work remotely. ...The Hill - Dec. 6 -
It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.The New York Times - Dec. 6 -
Stowaway who flew from New York to Paris faces federal judge
A Russian national who snuck aboard a flight from John F. Kennedy International Airport to Paris last week without a boarding pass appeared before a federal judge in New York after being returned ...CBS News - Dec. 5 -
Federal Judge Rejects Boeing’s Guilty Plea Related to 737 Max Crashes
The agreement, opposed by some victims’ families, would have required the aviation company to pay a fine of up to $487 million and invest in additional safety measures.The New York Times - Dec. 6 -
Blackburn unveils 'DOGE Acts' to cut spending, freeze federal hiring and salaries
Sen. Marsha Blackburn (R-Tenn.) has unveiled her “DOGE Acts” to cut spending and freeze federal hiring, as well as salaries. “Senator Blackburn is planning to introduce a package of bills – known ...The Hill - Dec. 5 -
Vivek Ramaswamy and Elon Musk meet with Republicans to talk DOGE spending cuts
Elon Musk and Vivek Ramaswamy began swapping ideas in person with congressional Republicans about ways they could slash federal spending and regulations.NBC News - Dec. 5 -
Musk and Ramaswamy pitch spending advisory board to lawmakers on Capitol Hill
NBC News Capitol Hill Correspondent Ryan Nobles, Senior Capitol Hill Correspondent Garrett Haake and CNBC Senior Washington Correspondent Eamon Javers join Meet the Press NOW to report on Elon Musk ...NBC News - Dec. 5 -
Memphis Says It Will Not Yet Agree to Federal Oversight of Police Department
The city’s mayor reiterated his reluctance to enter a consent decree after the Justice Department found a pattern of discrimination and excessive force by its officers.The New York Times - Dec. 5 -
'Last minute spending spree' by Biden, including Rivian loan, to get DOGE scrutiny, says Vivek Ramaswamy
DOGE co-lead Vivek Ramaswamy says Biden administration attempts to dole out IRA, Chips Act funds, and EV loans, at the last minute will be reviewed.CNBC - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
Don’t like federal bathroom resolutions? Blame the mainstream left.
The adult, truth-telling center-left must now expel from respectability what has become the infantile, cowardly, sycophantic mainstream left. And we must do so with the same breadth and depth with ...The Hill - Dec. 5 -
How airlines are responding to federal crack down on junk fees
Several airline executives appeared at a tense congressional hearing Wednesday, where Senators from both parties grilled them over allegations of gouging customers when it comes to "junk fees" for ...NBC News - Dec. 5 -
Effort to cut federal workforce takes aim at key US jobs engine
Government and healthcare have emerged as biggest source of American employment, particularly for knowledge workersFinancial Times - Dec. 5 -
NATO chief urges European allies to ramp up defense spending as Trump returns to White House
NATO Secretary-General Mark Rutte is leading a fresh push for European countries to ramp up defense spendingABC News - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
Lobbying World: YouTube taps new federal affairs manager
Andrew Meyer has joined YouTube as manager of federal affairs. He was most recently legislative director for Rep. Greg Pence (R-Ind.). Will Lemke is joining Monument Advocacy as vice president of ...The Hill - Dec. 4 -
As global defense spending surges, South Korean arms makers look like a clear winner
A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global markets.CNBC - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Comer highlights bill challenging work from home deal for federal employees
Rep. James Comer (R-Ky.) on Tuesday highlighted a bill he previously introduced that challenges a deal for hybrid work protections of federal employees. “THOUSANDS of federal employees just landed ...The Hill - Dec. 4 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
Fantasy Football Week 14 Waiver Wire: Isaac Guerendo is the league winner worth spending remaining budget on
Here's who you should be targeting heading into Week 14CBS Sports - Dec. 3 -
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Saudi Arabia's network of spending and influence detailed before getting 2034 World Cup from FIFA
Saudi Arabia’s growing influence and massive spending in global sports have been detailed in research ahead of the kingdom being confirmed by FIFA next week as the 2034 World Cup hostABC News - Dec. 2 -
Ex-Kansas police detective found dead on first day of federal civil rights trial
A white former Kansas City, Kansas, police detective was found dead Monday of an apparent suicide on the day his federal civil rights trial was set to begin for allegedly sexually abusing Black ...NBC News - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
