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Morning Report — GOP scrambles for budget plan
In today’s issue: House Republicans are chasing a moving target as they scramble to put together a reconciliation package to fund the government and push through President Trump’s key agenda ...The Hill - 12h -
India’s Modi faces budget challenge as economy slows
Finance minister under pressure to revive growth while maintaining fiscal disciplineFinancial Times - 22h -
Morrisons warns Budget will mean deeper cuts
Supermarket is latest UK retailer to caution on Labour government’s tax increasesFinancial Times - 1d -
Greens and Lib Dems agree to back Scottish Budget
The deals mean that the Scottish government's tax and spending proposals will definitely be approved.BBC News - 2d -
Collins explains her 'no' vote on Hegseth
Sen. Susan Collins (R-Maine), one of two Republicans to vote against advancing Pete Hegseth’s nomination to serve as secretary of Defense, said Thursday Hegseth “does not have the management ...The Hill - Jan. 23 -
Start saving, budget and think long term: how to build financial resilience
Put in place plans to cope with whatever life throws at you – from interest rate rises to car repairs. Financial resilience doesn’t just mean having lots of money stashed away, but rather having ...The Guardian - Jan. 22 -
Hochul’s Budget Aims More at Pocketbook Issues Than at Trump
The $252 billion spending plan for New York addressed concerns about affordability, crime and the cost of living, but did little to anticipate President Trump’s policies.The New York Times - Jan. 21 -
US exit from WHO could see fifth of budget disappear
Trump has long been critical of how the Geneva-based institution handled the Covid-19 pandemic.BBC News - Jan. 21 -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - Jan. 21 -
Cassidy will vote to confirm Hegseth
Sen. Bill Cassidy (R-La.) announced that he will vote to confirm Pete Hegseth, President-elect Trump’s pick for Defense Secretary, increasing the nominee's chances of becoming the next head of the ...The Hill - Jan. 18 -
These 10 Democrats voted to tee up final vote on Laken Riley Act
Ten Democrats in the Senate voted Friday to advance the Laken Riley Act, teeing up a final vote in the upper chamber. The Democratic supporters were Sens. Ruben Gallego (Ariz.), Mark Kelly (Ariz.), ...The Hill - Jan. 17 -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - Jan. 17 -
Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs
The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.The New York Times - Jan. 16 -
‘The dreaded B-word’: how to start budgeting
Money is emotional – but avoiding a budget is often more of a headache than making one. For some, making a personal budget sounds about as appealing as licking a subway floor.. “They think of it as ...The Guardian - Jan. 16 -
Russell Vought Poised to Expand Power of White House Budget Office
If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.The New York Times - Jan. 16 -
Democrats grill Trump budget pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...The Hill - Jan. 15 -
Trump’s pick for budget chief echoes his ‘power of the purse’ dreams
The president-elect's nominee for White House budget director reiterated that Trump believes law protecting Congress’ funding power is unconstitutional.Politico - Jan. 15 -
5 Budgeting Apps to Help You Save Money
Looking to start a personal budget or save come cash? Here are a few smartphone apps that can help you penny-pinch your way to financial peace of mind.Wired - Jan. 15 -
Kristin Crowley: LA fire chief publicly criticizing the city’s budget cuts
LA’s first female fire chief, in a public spat with the mayor, is a 25-year veteran who’s prioritized diversifying her team. Kristin Crowley was appointed Los Angeles fire chief in 2022 at a time ...The Guardian - Jan. 12 -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - Jan. 11 -
Carville: Reported $40M budget for Melania Trump Amazon documentary 'breathtaking'
Democratic strategist James Carville questioned the $40 million budget for Melania Trump’s documentary set to debut on Amazon Prime later this year. “You can produce a world-class documentary for ...The Hill - Jan. 10 -
Extended interview: L.A. fire chief on how budget cuts limited fire response "to a certain factor"
Los Angeles Fire Chief Kristin Crowley praises resilient firefighters as they battle fires across Los Angeles, talks about whether $17 million in budget cuts hampered the agency's wildfire ...CBS News - Jan. 10 -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.CBS News - Jan. 9 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - Jan. 8 -
Call Of Duty Budget Reportedly As High As $700 Million Per Game
Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...GameSpot - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6 -
Naughty Dog Founder Reveals Budgets Of Original Games And Why They Sold To Sony
Andy Gavin, one of the co-founders of Naughty Dog, has explained why the company sold itself to Sony back in 2001. Posting on LinkedIn , Gavin said he's been asked "countless times" why Naughty ...GameSpot - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
House holds vote to elect speaker
Watch live coverage as the House of Representatives holds a vote to elect the next speaker, with current House Speaker Mike Johnson, R-La., aiming for re-election.NBC News - Jan. 3 -
Budget gyms aim to bulk up in smaller UK centres
PureGym and The Gym Group say plenty of opportunities remain as cost-conscious consumers try to keep fitFinancial Times - Jan. 3 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1