Latest in Gop Spending
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Nato’s European members discuss 3% target for defence spending
Increased military expenditure could be agreed at next year’s summit, intensifying pressure on national budgetsFinancial Times - Dec. 12 -
Dave & Buster’s struggles to capture spending, and CEO exit is a bombshell
Truist downgraded the stock to hold from buy, saying the CEO move muddles the company’s turnaround story.MarketWatch - Dec. 11 -
Winners and losers of Labour spending review
Funding tug of war looms between Treasury and Downing Street as party’s political machinery tightensFinancial Times - Dec. 11 -
Government department spends £1,200 on two folders
It comes as Chancellor Rachel Reeves asks departments to highlight savings they can make in the next few years.BBC News - Dec. 10 -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - Dec. 10 -
Romero criticises Spurs board for lack of spending
Tottenham defender Cristian Romero criticises the club's board for a lack of investment following Sunday's disappointing 4-3 defeat home by Chelsea.BBC News - Dec. 10 -
Review of £1.2tn in UK public spending will ‘be tight’, minister warns
Treasury chief secretary Darren Jones launches line-by-line assessment to find 5% savingsFinancial Times - Dec. 10 -
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BIS warns politicians to rein in spending or risk market turbulence
Chief economist Claudio Borio says governments will be ‘too late’ if they wait for investors to panicFinancial Times - Dec. 10 -
It's the GOP's world in Washington. The Democratic governors are getting ready
Democratic governors met in Los Angeles over the weekend to discuss the way forward, as GOP is set to control all three branches of the federal government.CBS News - Dec. 9 -
Johnson needs Dems to pass a stopgap spending bill. Here's what they want.
Given his thin margins in the House and conservatives who tend to always oppose short-term funding fixes, he will almost certainly need to get House Democrats on board.Politico - Dec. 9 -
Ro Khanna supports cutting defense spending in Trump's DOGE
Rep. Ro Khanna (D-Calif.) said that there could be “huge bipartisan cooperation” for President-elect Trump’s Department of Government Efficiency (DOGE) committee in the new year — at least when it ...The Hill - Dec. 9 -
Dodgers make no apologies for record spending, unprecedented deferred deals
L.A. owes more than $1 billion in deferred money to a star-studded roster. Here's how the Dodgers are doing it.ESPN - Dec. 8 -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - 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 -
Trump allies chafe at Senate GOP resistance to nominees
Some allies of President-elect Trump are lashing out at Senate Republicans as a second Cabinet nominee appears imperiled, raising questions about the extent of Trump’s mandate and how much leeway ...The Hill - Dec. 7 -
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 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - 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 -
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 -
Senate GOP sees Hegseth nomination as likely doomed
Pete Hegseth’s nomination to serve as secretary of Defense appears doomed despite his fiery declaration that he’s “not going anywhere,” Republicans on Capitol Hill told The Hill on Thursday. “I ...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 -
Ernst, key GOP vote, noncommittal on Hegseth nomination
Iowa Sen. Joni Ernst (R) told Fox News in an interview Thursday morning that she’s not ready to support Pete Hegseth’s nomination to serve as secretary of Defense and wants to thoroughly review his ...The Hill - 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 -
GOP greets DOGE with excitement but expects 'friction'
Capitol Hill Republicans are clamoring to get in on the "DOGE" action after President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of his administration’s “Department of Government ...The Hill - Dec. 5 -
The House GOP's math problem: From the Politics Desk
The final race of the 2024 election has been called, meaning Republicans will control 220 House seats to Democrats’ 215 next year, a slim majority.NBC News - Dec. 4 -
House GOP releases 2025 legislative calendar
House Majority Leader Steve Scalise (R-La.) released the schedule for the 119th Congress on Tuesday, unveiling adjustments under President-elect Trump. Next year, representatives will be in session ...The Hill - Dec. 4 -
GOP senator wants Hegseth to commit to not drinking
Sen. Kevin Cramer (R-N.D.) said that he wants President-elect Trump's pick for Defense secretary, Pete Hegseth, to stop drinking as reports mount that the former Fox News host has previously done ...The Hill - 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 -
Gabbard seen as tough lift for Trump in Senate GOP
Former Rep. Tulsi Gabbard (Hawaii) is emerging as a tough confirmation lift for President-elect Trump, even as other nominees such as Pete Hegseth, Trump’s pick for the Pentagon, run into serious ...The Hill - Dec. 4 -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - 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 -
Hegseth faces growing GOP scrutiny as allegations mount
Pete Hegseth, President-elect Trump's embattled pick for Defense secretary, faced growing scrutiny from Republican senators Tuesday after a new set of revelations over the weekend involving ...The Hill - Dec. 3 -
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 -
Senate Democrats hold leadership elections with GOP set to take control
Senate Democrats are meeting Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.CBS News - Dec. 3 -
GOP insiders sought Hegseth's removal as leader of veterans' group in 2016
A Trump loyalist is at the center of new allegations facing Pete Hegseth, Donald Trump's pick for defense secretary.CBS News - Dec. 3 -
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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
