Latest in Trump’s Spending Cuts
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Trump threatens to take over Panama Canal
President-elect Donald Trump is threatening to take over the Panama Canal unless it cuts the price it charges for ships to pass through the key shipping lane. Trump is also again floating the idea ...CBS News - 2d -
Trump announces new ambassadors to Portugal, Malta
President-elect Trump announced two new foreign ambassadors on Tuesday in a Truth Social post. “It is my great honor to announce that John Arrigo will serve as the next United States Ambassador to ...The Hill - 2d -
Trump and Musk Want to Cut Billions From the Budget. It Won’t Be Easy.
Efforts to cut government spending and eliminate waste are dwarfed by the rising costs of the social safety net programs and interest expenses.The New York Times - 2d -
The Evening: Signs of Trouble for Trump’s Spending Cuts
Plus, celebrating “Chrismukkah.”The New York Times - 2d -
Lions cut LB David Long
The Lions waived linebacker David Long on Tuesday, the team announced.Yahoo Sports - 2d -
Nissan could face cost-cutting 'carnage' in Honda merger, Carlos Ghosn says
Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday.NBC News - 2d -
Toyota to donate $1 million to Trump inauguration
President-elect Trump’s inauguration is getting $1 million from Toyota Motor North America. A spokesperson for Toyota confirmed the inauguration donation to The Hill on Tuesday. Toyota joins Ford ...The Hill - 2d -
The coming global interest-rate collapse will force the Fed to cut four times in 2025
Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.MarketWatch - 3d -
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.MarketWatch - 3d -
Fiscal concerns should not hold up tax cuts
Small business supports extending the Tax Cuts and Jobs Act. However, some Republicans are calling for spending cuts to offset the cost of the tax cuts.The Hill - 3d -
Denmark to boost Greenland defense amid Trump comments
Denmark announced a major new package to boost the security of Greenland in a move the Danish defense minister called "ironic" because it came just two days after President-elect Trump called for ...The Hill - 3d -
Nissan could face cost-cutting 'carnage' in Honda merger, Carlos Ghosn says
"There is practically no complementarity here," the former Nissan CEO told CNBC.CNBC - 3d -
Trump won last week's spending battle on points
Donald Trump's intervention in the funding fight led to the passage of a vastly scaled-back continuing resolution, demonstrating his power and ability to disrupt the status quo, while the ...The Hill - 3d -
How NASA Might Change Under Donald Trump
The Trump transition team is looking for “big changes” at NASA—including some cuts.Wired - 3d -
Here's why business leaders are spending big on Trump's inaugural committee
Donations to President-elect Donald Trump's inaugural committee offer a "unique opportunity" to curry favor with the White House, experts told CNBC.CNBC - 3d -
Trump is waging a legal war against press freedom
Lawsuits can be time-consuming and expensive for defendants, even if there is no merit to them. Trump understands this.The Hill - 3d -
Ranking top-5 NFL rookie pass-catchers: Brock Bowers on verge of history; Marvin Harrison Jr. misses cut
The best first-year pass-catchers in the NFLCBS Sports - 3d -
Can Trump hold his disparate coalition together?
A Catch-22 of politics is the fact that once you start governing and making decisions, you’re almost guaranteed to alienate some of the people who put you in office in the first place.The Hill - 3d -
Trump is poised to achieve a historic tech legacy
The incoming administration has the influence, momentum and wherewithal to lead a historic tech transformation that will benefit generations of Americans.The Hill - 3d -
Will Trump’s tariff threats protect the dollar’s dominance?
Brics nations’ plan to create rival to greenback is bound to fail even without president-elect’s measures. In 2023, the leaders of Brazil and the other Brics countries at the time – China, India, ...The Guardian - 3d -
Morning Report — Trump seizes stage from Biden
IN TODAY'S ISSUE Trump seizes stage from Biden President-elect Trump’s inauguration isn’t for another four weeks, but he is already seizing the reins of power as President Biden keeps a low ...The Hill - 3d -
House conservatives raised concerns about Johnson to Trump before spending fiasco
A handful of conservative House Republicans were voicing concerns about Speaker Mike Johnson (R-La.) to President-elect Trump even before last week’s government funding fiasco, multiple sources on ...The Hill - 3d -
As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on ...MarketWatch - 3d -
Trump Will Confront a More Vulnerable but Determined Iran
“Coercive diplomacy” could leave Tehran to choose either a negotiated disassembly of its nuclear capability, or a forced one.The New York Times - 3d -
Warning signs for conservatives who want to draft Trump in their spending war
Hardliners openly admit they felt they lost every funding fight this year. They’re hoping the incoming president turns that around.Politico - 3d -
Could Trump heal Canada’s ailing economy?
Economists say a jolt from the south could shock the country out of its torporFinancial Times - 3d -
Mulvaney on Trump, Panama Canal: It’s a negotiation
Former White House chief of staff Mick Mulvaney said on Monday that President-elect Trump's recent provocations about the U.S. possibly retaking control of the Panama Canal are part of a ...The Hill - 3d -
Money for 9/11 Health Care Was Dropped from Year-End Spending Bill
A plan to ensure long-term funding to address health needs stemming from the terrorist attacks fell to the wayside after President-elect Donald Trump and Elon Musk objected to a bipartisan budget ...The New York Times - 3d -
Ford to donate $1M, fleet of vehicles to Trump inauguration
Ford Motor Company said it will donate $1 million and a small fleet of vehicles for use in President-elect Trump’s inauguration, multiple outlets reported Monday. Ford joins a recent wave of major ...The Hill - 3d -
Trump denies Elon Musk is "taking the presidency"
On Sunday, President-elect Donald Trump appeared in Arizona to speak at Turning Point USA's AmericaFest at the Phoenix Convention Center. Trump responded to a new attack from Democrats, saying that ...CBS News - 3d -
Trump allies to Gaetz: Don't back down
The former member of Congress has hinted at a possible run for elected office down the line. His allies urged him to fight.Politico - 3d -
Gimenez calls Trump Panama threats 'legitimate'
Rep. Carlos Gimenez (R-Fla.) on Monday called President-elect Trump’s recent threats about the Panama Canal “legitimate.” “I always take the president seriously, and it’s … [a] legitimate threat to ...The Hill - 3d -
Aaron Rodgers says he's willing to take pay cut, mentor Jets rookie QB in 2025 if veteran returns to New York
The 41-year-old Rodgers, however, still hasn't decided if he will play in 2025 or notCBS Sports - 3d -
Greenland to Trump: We're not for sale
Greenland’s prime minister said Monday the autonomous island is not for sale after President-elect Trump said owning Greenland “is an absolute necessity” for the U.S. “Greenland is ours. We are not ...The Hill - 3d -
Trump threatens to take the Panama Canal
President-elect Donald Trump made comments threatening to take back the Panama Canal based on what he said were high costs that ships are encountering. CBS News' Cristian Benavides reports.CBS News - 3d -
Trump announces slate of top Pentagon appointments
President-elect Trump on Sunday night revealed several new nominees for senior Pentagon roles, including his pick for the Defense Department’s No. 2 civilian. In a Truth Social post, Trump said he ...The Hill - 4d -
Greenland again tells Trump it is not for sale
It comes after the US president-elect repeated comments he made in 2019 that he would like to purchase the territory.BBC News - 4d -
Why some people are spending the holidays sans family: ‘My friends are more fun than my relatives’
Not everyone can – or wants to – celebrate with family. Some choose traditions with friends and neighbors instead. The holidays are often thought of as a time for family – a time to pack bags and ...The Guardian - 4d -
Trump announces slate of tech appointments, 'crypto council'
President-elect Trump announced a slate of tech appointments in posts on his Truth Social platform on Sunday. “I am pleased to announce the brilliant Team that will be working in conjunction with ...The Hill - 4d -
My sewing group makes reusable produce bags - cutting back on plastic and textile waste
Read more from My DIY climate hack , a series on everyday people’s creative solutions to the climate crisis Single-use plastic bags are not only wasteful, they cause serious damage to the ...The Guardian - 4d
