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Trump wants a $5 million ‘gold card’ path to citizenship to cut U.S. debt. Here are the obstacles he’ll face.
President Donald Trump has proposed a new “Trump gold card” program that would provide foreign investors who put up at least $5 million with U.S. residency and a path to citizenship — but the plan ...MarketWatch - Feb. 26 -
Evening Report —Trump, Musk defend DOGE as federal workforce braces for more cuts
{beacon} Evening Report TRUMP FIRST 100 DAYS © Andrew Harnik, Getty Images Trump, Musk defend DOGE as federal workforce braces for more cuts PRESIDENT TRUMP AND ELON MUSK united to defend the work ...The Hill - Feb. 26 -
Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this weekABC News - Feb. 26 -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - Feb. 26 -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - Feb. 26 -
Trump’s latest DOGE order aims to cut costs through federal contracts, travel
President Trump on Wednesday signed an executive order directing agency leaders to work with staff from the Department of Government Efficiency (DOGE) to cut costs through contracts, employee ...The Hill - Feb. 27 -
Jobless claims match 3-month high as Trump White House readies more federal job cuts
The number of people who applied for unemployment benefits last week matched a three-month high, possibly reflecting the first wave of what’s likely to be a flood of laid-off federal employees and ...MarketWatch - 6d -
Elon Musk's DOGE, federal cuts and Ukraine discussed at President Trump's first Cabinet meeting
On Wednesday, Elon Musk joined President Trump's first Cabinet meeting of his second administration. Meanwhile, the president also announced that he will host Ukrainian President Volodymyr ...CBS News - Feb. 27 -
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
WASHINGTON — Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump’s multitrillion-dollar tax cuts in ...NBC News - 6d -
Sunday shows preview: Fault lines deepen after Trump-Zelensky clash; DOGE cuts endure
President Trump’s public debacle with Ukrainian President Volodymyr Zelensky halted hopes for a signed minerals agreement while dividing the world — and Washington — over their support for the ...The Hill - 4d -
Most Americans in new survey support funding increases as Trump admin seeks cuts
Far more Americans support increasing federal funding in key areas than those who favor decreasing funding, according to a new survey, even as the Trump administration seeks sweeping cuts to ...The Hill - 3d -
Americans divided on Trump's effort to cut federal workforce, CBS News poll finds
According to new CBS News polling, most Americans believe President Trump is transforming the federal government, but they are divided on whether that's a good thing. CBS News executive director of ...CBS News - 2d -
GSA identifies hundreds of 'non-core' federal properties amid Trump admin's DOGE cuts
The General Services Administration (GSA) on Tuesday released a list of nearly 450 federal buildings it may seek to sell — including major real estate like the headquarters of the Justice ...The Hill - 1d -
Investors worried about Trump can cut their risk by buying this ‘forgotten’ group of stocks
You can diversify away from the S&P 500 to reduce risk, based on stocks’ prices to expected earnings and on expected earnings growth rates — at the same time.MarketWatch - 1d -
Canadian leader threatens to cut off energy to some U.S. states over Trump's tariffs
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.CBS News - 16h -
Trump 2nd term live updates: VA prepares to cut as many as 72,000 employees: Memo
The Department of Veterans Affairs is preparing to lay off as many as 72,000 workers in the coming weeks, according to an internal memo obtained by ABC News.ABC News - 15h -
'Indiscriminate’ Pentagon cuts unnerve Democrats
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story 'Indiscriminate’ Pentagon cuts unnerve Democrats Democrats ...The Hill - Feb. 21 -
VA secretary: 'We're not cutting benefits'
Veterans Affairs (VA) Secretary Doug Collins defended the Trump administration's recent layoffs at the department, arguing Thursday that cuts have not been made to "critical health care" or other ...The Hill - Feb. 21 -
NOAA braces for steep job cuts
{beacon} Energy & Environment Energy & Environment The Big Story NOAA set to slash jobs ‘imminently’ Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) ...The Hill - Feb. 21 -
Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - Feb. 22 -
Budget cuts at VA paused for now
Billions of dollars of cuts expected at the Department of Veterans Affairs were paused by the Trump administration as concerns emerged over changes to benefits for the nation's veterans. CBS News' ...CBS News - 6d -
Minnesota’s Red-Tape-Cutting Experiment
Last year, the state passed a law to tackle a major barrier to cleaner energy: the long bureaucratic delays to get basic permits.The New York Times - 5d -
ECB cuts interest rate to 2.5%
Rate-setters shift tone, suggesting possible pause to reductions in borrowing costsFinancial Times - 47m -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - Feb. 21 -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - Feb. 21 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
Dems demand answers on workforce safety cuts
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Dems demand answers on workforce safety cuts The top Democrats on the House Committee on Education and the ...The Hill - Feb. 21 -
Judge Extends Block on N.I.H. Medical Research Cuts
A federal judge in Massachusetts indicated she would move quickly to consider a more lasting injunction after hearing a laundry list of potential adverse effects of the Trump administration move to ...The New York Times - Feb. 21 -
Defense Department to Cut Over 5,000 Workers
The firings are the first of what is expected to be a vast wave of layoffs by the Pentagon.The New York Times - Feb. 22 -
Jim Jordan derides critics of federal workforce cuts
He cited an example from the Washington Post about a locksmith.Politico - Feb. 23 -
Starbucks to cut 1,100 jobs in latest streamlining move
Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.MarketWatch - Feb. 24 -
Will the working-class GOP really cut health insurance?
Budget chicanery begets more budget chicanery. About this time in 2010, Democrats were trying every procedural and accounting trick they could conjure to push ObamaCare through a restive Congress. ...The Hill - Feb. 25 -
Democrats warn of ‘largest Medicaid cut in American history’
House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history. Behind ...The Hill - Feb. 25 -
Cuts to Medicaid possible if Johnson's budget plan passes
Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.CBS News - Feb. 25 -
Amorim: Job cuts result of poor performance
Ruben Amorim has admitted that the Manchester United staff who are set to lose their jobs in the latest round of cut-backs are paying the price for the team's lack of success on the pitch.ESPN - Feb. 25 -
Federal workers in limbo over DOGE cuts
Federal workers are criticizing layoffs by Elon Musk’s Department of Government Efficiency. 80 percent of the federal workforce is outside of Washington. Meanwhile, Musk is defending his directive ...NBC News - Feb. 26 -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - Feb. 26 -
What to know about cuts at cybersecurity agency
The White House says federal agencies have until March 13 to present plans for large scale layoffs. Among the targets is the Cybersecurity and Infrastructure Security Agency, which defends ...CBS News - Feb. 26