Latest in Schumer Spending
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Schumer’s Retreat From a Government Shutdown Has Young Democrats Fuming
A generational divide, seen in newer lawmakers’ impatience with bipartisanship and for colleagues who don’t understand new media, has emerged as one of the deepest rifts within the party.The New York Times - 18h -
Schumer Under Fire as Pelosi and Other Democrats Criticize Shutdown Retreat
Privately, many Senate Democrats conceded that their leader was doing his job by protecting his members from a tough vote and making a politically painful decision. But the backlash from his party ...The New York Times - 19h -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - 5d -
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 - 4d -
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 - 3d -
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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 - 22h -
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GOP plan to avoid a partial shutdown gains support from a crucial Democrat
Senate Minority Leader Chuck Schumer, a New York Democrat, says he supports voting for a GOP plan that would avoid a partial government shutdown. It's not clear how many Senate Democrats will join ...CBS News - 1d -
Top Senate Democrat to back Republican bill to avert shutdown
Chuck Schumer warns that failure to pass measure will open door to Trump power grabFinancial Times - 1d -
Microsoft has been the worst Big Tech stock lately. Here’s why it may become the best.
Microsoft is getting more disciplined on AI spending and is better positioned than rivals for a consumer-spending slowdown, according to one analyst.MarketWatch - 1d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - Mar. 7 -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - Mar. 8 -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
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 - 6d -
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 - 6d -
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 - 4d -
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - 4d -
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 - 4d -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - 3d -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - 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 - 3d -
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 - 3d -
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 - 3d -
How to Spend Less Time on Social Media (or Leave It Altogether)
If you’re feeling overwhelmed but don’t quite have the willpower to curb your online habit, your phone can help you manage your time online.The New York Times - 2d -
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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 - 2d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - 2d -
Merz presses Greens to name their terms for German defence spending rise
‘What more do you want from us?’ asks chancellor-in-waiting as he seeks urgent support for fiscal rule changes. Germany’s chancellor-in-waiting has tried to win over the Greens to his ambitious but ...The Guardian - 1d -
Germany’s Merz offers concessions to Greens over ‘historic’ spending plan
Chancellor-to-be vows greater share of investments for green transition as outgoing Bundestag reconvenes to debate billsFinancial Times - 1d -
Spain’s Sánchez calls for cyber and climate to count as defence spending
Prime Minister says ‘our threat is not Russia bringing its troops across the Pyrenees’Financial Times - 1d -
Starmer suffers cabinet uprising over UK spending cuts
Opposition grows to plans in areas such as welfare but prime minister insists he will not bend rules to allow more borrowingFinancial Times - 1d -
Picasso exhibition unveiled in Iran after spending decades locked away
After being locked in a vault for over three decades, more than two dozen masterpieces by Pablo Picasso have been unveiled to the public for the first time in Iran. After the Islamic Revolution in ...NBC News - 1d -
Michigan country club spends $6 million to renovate course, clubhouse
Architect and Michigan native Chris Wilczynski will work on bunkers, greens and fairways at the golf course about 45 minutes outside Detroit.Yahoo Sports - 23h -
‘Germany is back’: Merz secures Greens’ support for defence spend boost
Backing of Greens is tantamount to approval of chancellor-in-waiting’s proposal to relax debt brake. Germany’s conservative chancellor-in-waiting, Friedrich Merz , has said he has secured the ...The Guardian - 23h -
DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.
Why government — not business — will see that AI startups get the money they need.MarketWatch - 21h -
Germany is back, says Merz after historic spending deal
Germany's conservative leader clinches an major financial agreement ahead of a crunch vote in parliament.BBC News - 20h -
Germans Reach Deal to Spend Big on Defense, Climate and More
The agreement between centrist parties, led by the likely next chancellor, Friedrich Merz, was billed as a response to America’s shrinking security guarantees.The New York Times - 20h -
Federal firefighters secure permanent pay raises in spending bill
Federal wildland firefighters secured a permanent pay raise Friday after years of waiting for Congress to answer their plea.NBC News - 16h
