Latest in Major Cuts Trump
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The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - 4 days ago -
Trump advisers contemplating cuts to Medicaid and other welfare programs
Further plans include blows to food stamps that could threaten millions of Americans to fund tax cut extensions . Donald Trump ’s economic advisers and congressional Republicans are discussing ...World - The Guardian - Yesterday -
How Trump and Republicans could pay for new tax cuts
President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but will face pressure to find ways to cover the costs. While Trump and many ...Politics - The Hill - 19 hours ago -
How Trump’s Tax Cuts and Tariffs Could Turn Into Law
Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.Business - The New York Times - 10 hours ago -
Putin commends Trump victory – as it happened
This blog is closing now, thanks for following along. You can find all of the latest US elections stories here .. Ten key takeaways from Trump’s win The key swing states and counties that ...World - The Guardian - November 8 -
Trump rallies in majority-Latino Pennsylvania city after supporters' crude and racist remarks
Donald Trump worked to tamp down anger over a comedian's insulting jokes about Latinos and Puerto Rico at his New York rally, campaigning in a majority-Latino city as the uproar threatens to erode ...Politics - NBC News - October 30 -
Trump 2.0 would need 53 GOP senators for a ‘truly reliable’ majority, analyst says
If Republican nominee Donald Trump is elected president, he would need 53 GOP senators to have a “truly reliable” Senate majority, reckons one analyst. With a Kamala Harris presidency, certain GOP ...Business - MarketWatch - October 31 -
Trump says he will give RFK Jr. a major health role. Here's what that means for patients, drugmakers
Some health experts say Kennedy, even in an informal role, could potentially lead to real consequences for patients, drugmakers and the nation's public health.Business - CNBC - November 6 -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - November 9 -
Trump declares Senate majority candidates should allow him to make recess appointments
President-elect Donald Trump involved himself publicly in the Senate leadership race for the first time, writing in a post on TruthSocial that anyone running to be the next Senate Majority Leader ...Politics - NBC News - November 10 -
Incoming Trump admin is eyeing new immigrant detention centers near major U.S. cities
The incoming Trump administration is eyeing locations and talking to private prison firms about drastically expanding the scale of immigrant detention centers.Politics - NBC News - November 13 -
Israel's West Bank settlers hope Trump's return will pave the way for major settlement expansion
Advocates of Jewish settlement in the West Bank believe they have reason to celebrate after Donald Trump's election winWorld - ABC News - 6 days ago -
Major Trump Media shareholder ARC Global unloads nearly all DJT stock
President-elect Donald Trump is the majority owner of Trump Media, which trades on the Nasdaq as DJT.Business - CNBC - 4 days ago -
The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.Business - MarketWatch - October 22 -
If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare
Musk is talking big cuts. Something’s got to give.Business - MarketWatch - October 29 -
Harris cuts ad featuring MSG Trump rally Puerto Rico 'garbage' joke
Vice President Harris’s campaign wasted no time making hay of the backlash against a crude comedy set at former President Trump’s Madison Square Garden (MSG) rally on Sunday. The Harris campaign on ...Politics - The Hill - October 28 -
Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...Top stories - NBC News - October 30 -
Possible Trump Treasury secretary says he'd work with Musk to cut federal spending
Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...Politics - The Hill - October 30 -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
Stock-market investors should treat Trump and Harris election playbooks with caution
Wall Street makes trading elections sound as easy as falling off a log. Reality often disappoints.Business - MarketWatch - November 4 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live
Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...World - The Guardian - November 6 -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - November 7 -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - November 7 -
Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
The president-elect’s plan may do more harm than good, experts said.Business - MarketWatch - November 8 -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - November 7 -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - November 8 -
What to expect when President Trump tries to make tax cut promises reality, even with GOP sweep in Congress
Trump promised tax cuts for individuals and businesses. With deficit hawks in the GOP and bond market fixated on rising debt, a GOP sweep may not be enough.Business - CNBC - November 12 -
'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory
The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump's proposed global tariffs take hold, former Fed policymaker Loretta ...Business - CNBC - November 12 -
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - 6 days ago -
Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.Business - CNBC - 4 days ago