Latest in Spending Process
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‘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 - 1d -
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 - 1d -
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 - 5d -
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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 - 1d -
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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 - 11h -
Mastercard and Visa linked to illegal gambling sites accused of scamming UK customers
Card giants processing payments for unlicensed operators as customers report losing thousands. Mastercard and Visa are processing payments for illegal gambling websites accused of scamming UK ...The Guardian - 6d -
Pentagon to Look at Buying More Commercial Software
Secretary of Defense Pete Hegseth directed the DoD to prioritize alter its software acquisition process.Inc. - Mar. 7 -
Lab-grown food could be sold in UK within two years
The Food Standards Agency (FSA) is looking at how it can speed up the approval process for lab-grown foods.BBC News - 6d -
How do you stop wage garnishment by a debt collector?
Having a portion of your paycheck taken for old debt can be frustrating, but there are ways to stop the process.CBS News - 4d -
Cooper Flagg’s injury and the NBA Draft ripple effects
Who’s ready to step up on Duke to fill Flagg's shoes? And in the process, who could help their NBA draft stock?Yahoo Sports - 2d -
Student loan borrowers confused by suspension of some repayment plans
Recent changes to student loans have caused confusion and uncertainty around recertification process for borrowers enrolled in repayment plans.CBS News - 1d -
Judge blocks Trump’s move to use wartime law to deport Venezuelans
Critics say rarely used authority could expand power to detain and expel people without due processFinancial Times - 6h -
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 - 2d -
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 - Mar. 8 -
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 - 5d -
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 - 5d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 3d -
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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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
Schumer to vote for GOP spending bill amid Democratic divisions
Senate Minority Leader Chuck Schumer says that he is ready to advance Republicans’ funding bill to avert a government shutdown. It marks a major reversal from two days ago and the strategy is ...NBC News - 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
