Latest in Impact Government Spending
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Jobless claims little changed, while impact from government spending cuts expected later this spring
Initial jobless claims fell by 2,000 to 220,000 in the week that ended on March 8, the Labor Department said Thursday.MarketWatch - 19h -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 2d -
Congressional Republicans unveil spending plan to avert government shutdown
Congressional Republicans unveiled their plan for a spending bill to avert a government shutdown as the deadline approaches this Friday. NBC News’ Yamiche Alcindor reports.NBC News - 4d -
House Republicans unveil spending plan with government shutdown deadline set for Friday
Republicans in the House released a stopgap spending plan over the weekend that would delay a government shutdown for at least six months, but it's unclear if they have the votes to pass the ...CBS News - 3d -
Some Senate Democrats split over spending bill to avert government shutdown
Senate Minority Leader Chuck Schumer said Republicans don't currently have the votes to pass the short-term spending bill. Some Democrats say they are split over whether to support the stopgap ...CBS News - 1d -
House spending bill facing Senate opposition with government shutdown deadline 2 days away
House Republicans' six-month spending bill will need Democratic support in the Senate to pass into law before Friday's government shutdown deadline. CBS News congressional reporter Taurean Small ...CBS News - 1d -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 1d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 3d -
DOGE Is Putting Major Government Efficiency Projects at Risk
In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.Wired - 6d -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - 2d -
House GOP narrowly passes spending bill, now heads to Senate
House Republicans on Tuesday narrowly passed a spending bill just days before the deadline of a government shutdown. The bill now goes to the Senate where it will need support from Democrats in ...NBC News - 1d -
3 groups to watch in the final push to fund the government
The government will shut down next Saturday morning unless Congress can rally around a funding measure by the end of the week, setting up the first big legislative spending fight of President ...The Hill - 5d -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - 2d -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 22h -
Schumer Says He’ll Vote for GOP Spending Bill to Avert Government Shutdown
Many Democrats had agitated for the party to hang together and block the measure in defiance of President Trump, but the leader said doing so would prompt a shutdown that would only empower Mr. Trump.The New York Times - 6h -
Ad spending on women's sports more than doubled last year
Ads during women's sports programs were 40% more impactful than the average primetime advertisement, according to EDO.CNBC - 2d -
House set to vote on stopgap spending bill with government shutdown deadline days away
The House is set to vote on a continuing resolution that would avert a shutdown and keep the government funded through September. CBS News congressional reporter Taurean Small has more.CBS News - 2d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - 4d -
House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - 6h -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - 1d -
Senate Democrats insist on voting on 30-day government funding bill
Senate Democrats say they will not vote for the House-passed six-month government funding package, which would boost defense spending and cut nondefense programs, unless they first get a vote on a ...The Hill - 1d -
What to know about the looming government shutdown as funding deadline nears
Congress has until Friday night to approve a spending bill to avoid a government shutdown, but Senate Minority Leader Chuck Schumer says Republicans in the Senate don't have the votes to pass the ...CBS News - 18h -
House spending bill to avert shutdown faces hurdles in Senate
House Speaker Mike Johnson was able to squeeze a short-term government funding bill through a vote by a slimmest of margins. Attention now turns to the senators across the hall with a government ...CBS News - 2d -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - 5d -
The Trump team administering economic shock therapy
Also in today’s newsletter, government spending hit a record high last monthFinancial Times - 20h -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 16h -
Government Shutdown Looms With Senate Democrats Opposing 6-Month Funding Bill
The top Senate Democrat said his members were not ready to provide the votes to allow the Republican-written stopgap spending measure to pass ahead of a Friday night deadline. There is still time ...The New York Times - 1d -
Thune 'open' to giving Dems amendment vote to help keep government open
Senate Majority Leader John Thune (R-S.D.) said Thursday that Republicans are open to giving Democrats an amendment vote on a monthlong stopgap funding patch in exchange for votes to help ...The Hill - 18h -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - 5d -
Trump-district Democrats face risky vote on GOP spending bill
House Democrats in districts carried by President Trump are confronting a potentially risky vote next week when GOP leaders are expected to put their partisan government funding bill on the floor. ...The Hill - 4d -
Schumer calls for vote on new continuing resolution to avoid government shutdown
Senate Minority Leader Chuck Schumer says Republican senators don't have the votes to pass the GOP spending bill that was approved by the House and is instead pushing for a vote on a separate ...CBS News - 21h -
Nail-biter spending vote could hinge on Trump-district Democrats
Centrist Democrats are keeping them guessing. Heading into Tuesday’s vote to fund the federal government, almost a dozen House Democrats in Trump-won districts have yet to reveal if they’ll join ...The Hill - 3d -
Lone Democrat to back House GOP spending bill explains decision
Rep. Jared Golden (D-Maine) defied House Democratic leadership on Tuesday when he voted for the GOP’s bill to avert a government shutdown — the only one in the caucus to support the stopgap. ...The Hill - 2d -
Morning Report — Senate takes up spending bill; Trump backs off on Canada tariffs
In today’s issue: Three days before a government funding deadline, the House on Tuesday narrowly passed a party-line stopgap funding bill that would mostly keep government funding at current ...The Hill - 1d -
BBC hit by £1.3mn bill for Huw Edwards scandal
Broadcaster’s spending under scrutiny as it enters talks with the government over the future of the licence feeFinancial Times - 4d -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 2d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 2d -
Merz Challenges Germans to Make a Bold Strategic Shift. Will They Do It?
The likely next chancellor has staked his government on a move to increase military spending. But the window for change is closing fast.The New York Times - 16h -
Sen. Slotkin wants assurances Trump will spend money 'the way Congress intends' funding bill vote
Sen. Elissa Slotkin, D-Mich., on Sunday said that she would "withhold" her decision on how to vote to fund the government until Congress gets assurances from the Trump administration that money ...NBC News - 4d -
House's short-term spending bill heads to Senate, passage needed by Friday to avoid shutdown
The GOP stopgap funding bill passed Monday night in the House will now go to the Senate where Republicans will need Democratic support to pass it into law and avert a government shutdown. CBS News ...CBS News - 1d