Latest in Increased Spending
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Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump
The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.The New York Times - 4d -
Burn pit fund for veterans on chopping block in GOP spending bill
Democratic lawmakers and veterans’ groups are fuming over a provision in a stopgap federal spending bill passed by House Republicans this week that would cut a Department of Veteran Affairs fund ...The Hill - 4d -
Trump signs spending bill that united Republicans but divided Democrats
President Trump signed Congress' bill to keep the government open on Saturday. The vote for the six-month spending bill united Republicans but left Democrats bitterly divided. Willie James Inman ...CBS News - 3d -
Takeaways From The Times Interview With Chuck Schumer About the Federal Spending Bill
The day after angering many Democrats’ by backing a Republican spending bill, Schumer argued that he can still lead his party in the Senate, even amid furious backlash.The New York Times - 2d -
‘Absolutely Ridiculous’: Democrats Seethe at Schumer for Backing G.O.P. Spending Bill
Senator Chuck Schumer, the minority leader, continued to face criticism from members of his own party after he reversed course and allowed the stopgap spending bill to come to a vote.The New York Times - 2d -
European leaders push defense spend amid uncertainty over Trump aid to Ukraine
European leaders have upped the ante on defense spending plans as they look to support Kyiv and fill a potential void of U.S. aid.CNBC - Mar. 7 -
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.CNBC - 5d -
Al Green censure highlights increased appetite for retribution in House
A formal House reprimand didn't contain the fallout from Rep. Al Green (D-Texas) interrupting President Trump’s speech to Congress, showing how petty fights and demands for retribution have become ...The Hill - Mar. 8 -
Iran’s hardliners dig in as Trump increases pressure for nuclear talks
Reformist president Masoud Pezeshkian’s hopes for détente with west in tatters as rival factions tighten grip on powerFinancial Times - Mar. 10 -
Chain-of-experts (CoE): A lower-cost LLM framework that increases efficiency and accuracy
Chain-of-experts chains LLM experts in a sequence, outperforming mixture-of-experts (MoE) with lower memory and compute costs.VentureBeat - Mar. 10 -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - Mar. 10 -
Boeing plane prices could increase by millions with tariffs, says AerCap CEO
AerCap CEO Aengus Kelly joined CNBC's "Squawk Box" to discuss how tariffs could impact Boeing production.CNBC - 6d -
Wholesale price measure was flat in February, compared with expected increase
The producer price index was expected to rise 0.3% in February, according to the Dow Jones consensus forecast.CNBC - 5d -
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Republicans in Congress weigh tax increase for top university endowments
Elite US schools including Harvard, Stanford and Princeton could see levies on investment gains raised as high as 21%Financial Times - 3d -
DOGE Could Substantially Increase Wait Times for Patents and Trademarks
The already lengthy backlog is getting much longer. If the agency downsizes through DOGE, that could get worse.Inc. - 2d -
Manchester United insist season-ticket price increases are ‘fair and reasonable’
Chief executive Omar Berrada says 5% rise is necessary Fan group MUST criticises decision not to freeze prices Manchester United have defended their decision to raise season-ticket prices ...The Guardian - 1d -
Indian billionaire Mittal weighs up increasing his BT stake
Bharti founder has privately suggested he could expand his position in UK telecoms groupFinancial Times - 1d -
Russia using criminal networks to drive increase in sabotage acts, says Europol
Proxies deploying tactics including migrant smuggling in destabilisation efforts across EU, enforcement agency finds. Europe live – latest updates Russia and other state actors are driving an ...The Guardian - 14h -
FDA to increase testing for heavy metals in infant formula, RFK Jr. says
About one in five newborns in the U.S. start out on infant formula, making it a crucial source of nutrition.CBS News - 9h -
Ocasio-Cortez warns Senate Democrats over advancing stopgap spending measure
Rep. Alexandria Ocasio-Cortez (D-N.Y.) urged her Democratic colleagues in the Senate to vote against the House-passed stopgap spending measure, warning them to be weary of "procedural games." “It ...The Hill - 6d -
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 - 6d -
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How Americans are spending their retirements at sea
The U.S. is seeing a surge of retirements as more than 4 million people will turn 65 this year. Some are choosing a life at sea for their golden years. CBS News' Nancy Chen has more.CBS News - Mar. 10 -
Consumer Spending Rose Weakly in February
Tepid gains after a January dropoff indicate growing caution among U.S. shoppers amid stock market plunges and DOGE job cuts.Inc. - 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 - 6d -
Democratic leaders amp up pressure on Senate colleagues to oppose GOP spending bill: ‘Stand with us’
The leading Democrats in the House are ramping up the pressure on Senate Democrats to oppose the GOP’s spending bill, warning that the proposal would slash crucial public services to vulnerable ...The Hill - 6d -
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 - 5d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 4d -
Congressional Black Caucus members condemn spending bill as ‘blank check’ for Trump, Musk
Members of the Congressional Black Caucus have condemned the House-passed spending bill and vowed to vote against it when it comes up in the Senate, even as other Democrats say they’ll support ...The Hill - 4d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - Mar. 10 -
Americans are spending more and more time at home
COVID-19 spurred more Americans to stay home. But this trend didn't start or end with the pandemic, research shows.CBS News - Mar. 10 -
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 - 6d -
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Germany’s Merz agrees spending deal with Greens
Agreement paves way for flagship defence and infrastructure package to be adopted by parliament next weekFinancial Times - 4d -
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Trump Signs Spending Bill to Fund Government
The bill was passed just hours before a midnight deadline to avoid a lapse in funding, which would have shut down the government.The New York Times - 3d -
Crackdown on government credit cards to cut 'wasteful' spending
Purchases include £2,500 spent at a women's shoe shop in Barbados and £1,200 on luxury coffee pods.BBC News - 1d -
Germany’s parliament approves Merz’s €1tn spending plan
Chancellor-in-waiting uses outgoing Bundestag to loosen debt brake and unleash investments in defence and infrastructureFinancial Times - 14h -
Reeves to squeeze public spending further in Spring Statement
Billions of pounds of savings sought from Whitehall budgets to fill a hole in the public financesFinancial Times - 9h
