House Passes Gop Budget Teeing Up Enormous Tax and Spending Cuts
Sort by
Date
-
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 - 16h -
Senate GOP to vote on its plan for Trump's agenda despite Trump backing House plan
Senate Republicans plowing ahead with their efforts to advance the first stage of their two-part package to pay for Trump's agenda despite Trump backing the House’s plan.ABC News - 5d -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 1h -
U.S. will spend up to $1 billion to combat bird flu, USDA secretary says
The U.S. will invest up to $1 billion to combat the spread of bird flu, including increasing imports of eggs, agriculture secretary Brooke Rollins said.NBC News - 2h -
GOP senator praises Elon Musk as the ‘United States’ consultant’ amid federal cuts
In an exclusive interview with Meet the Press, Sen. Markwayne Mullin (R-Okla.) defends President Trump and Elon Musk's cuts to federal agencies amid backlash from Oklahoma voters.NBC News - 3d -
Dems draw out committee hearing to rail against GOP Medicaid cuts and DOGE
Politico - 23h -
Trade-promoting UK departments face ‘up to 40%’ staff cuts
Restructuring plans come as Britain seeks to boost inward investmentFinancial Times - 3d -
'Hard choices are necessary' - Man Utd to cut up to 200 more jobs
After 250 members of staff were made redundant last year, Manchester United announce up to 200 more redundancies to "return the club to profitability".BBC News - 2d -
House Republicans representing large shares of Medicaid, SNAP beneficiaries face tough budget test
Some Republicans have raised concerns about potential cuts to anti-poverty programs that their constituents rely on as they search for ways to pay for Trump’s legislative agenda.NBC News - 5d -
House narrowly adopts budget plan to advance Trump's agenda in a win for Speaker Mike Johnson
Speaker Mike Johnson on Tuesday muscled a multitrillion-dollar budget blueprint through the House by the narrowest of margins — a crucial step for Republicans as they embark on advancing President ...NBC News - 14h -
Manchester United to cut up to 200 jobs as Sir Jim Ratcliffe continues to cut costs at Old Trafford
The job cuts come along with cuts to employee amenities at Old Trafford and the Carrington training groundCBS Sports - 1d -
Taser maker Axon brushes off DOGE budget-cut worries as stock rallies
The company is playing up up its prospects for international growth and its cloud-services businessMarketWatch - 1h -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - 1d -
House Republicans hit the brakes on town halls after blowback over Trump's cuts
House Republicans are becoming wary of in-person town hall meetings after some lawmakers have faced hometown crowds angry about the Trump administration’s cuts.NBC News - 14h -
Pentagon firings to begin next week in effort to cut up to 8 percent of civilian workforce
The Pentagon seeks to cut more than 5,000 civilian employees on probation status beginning next week in a bid to eventually shave off up to 8 percent of the U.S. military’s civilian workforce, the ...The Hill - 4d -
Eli Lilly cuts price of weight-loss drug Zepbound as competition heats up
The drug company is calling on insurers and federal programs to cover obesity as a chronic disease.MarketWatch - 6h -
When to hire a tax attorney
There are a number of instances in which hiring a tax attorney makes more sense than the alternatives.CBS News - 1d -
Balatro - Game Pass Announcement Trailer
Balatro is available on Xbox Game Pass starting today! This release comes alongside the 4th "Friends of Jimbo" update, bringing exciting new collaborations with titles like Critical Role, Bugsnax, ...GameSpot - 1d -
Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - 4d -
Beloved game veteran Carter Lipscomb passes away
Carter Lipscomb, a game industry veteran with a big personality, has passed away.VentureBeat - 5d -
Pass rusher Carter won't work out at combine
Penn State defensive end/outside linebacker Abdul Carter will not work out at the NFL's scouting combine this week because of a shoulder injury.ESPN - 1d -
NFL Top 100 2025 free agents: Tee Higgins, Sam Darnold top the list
Chiefs OG Trey Smith, Eagles edge Josh Sweat and Bucs WR Chris Godwin round out the top five.Yahoo Sports - 2d -
Dynasty Fantasy Football Wide Receiver Rankings: Tee Higgins a volatile assets, plus how to rank young WRs
Updated wide receiver rankings for Dynasty leaguesCBS Sports - 23h -
Bengals to 'reward' Ja'Marr Chase as NFL's highest-paid non-QB, give update on Tee Higgins contract situation
Bengals exec Duke Tobin is pushing to re-sign the trio of Chase, Higgins and Trey HendricksonCBS Sports - 16h -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 3d -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 1d -
Elon Musk's approach to government spending sparks debate
As head of the Department of Government Efficiency, Elon Musk has taken an aggressive approach to budget cuts. Economist Oren Cass weighs in on whether this strategy is reform or reckless ...CBS News - 1d -
Judge indefinitely pauses Trump spending freeze
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge indefinitely pauses Trump spending freeze A federal judge on Tuesday indefinitely blocked the ...The Hill - 18h -
The US risks a heavy price for cutbacks in research spending
Science funding cuts may hit long-term growth and reduce US appeal to foreign investors and talentFinancial Times - 13h -
Starmer and Badenoch clash over defence spending at PMQs
The prime minister announced the UK will reallocate aid funds to boost military spending to 2.5% of GDP by 2027.BBC News - 4h -
Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries currently meeting the 2 percent threshold, while NATO Secretary General Mark ...The Hill - 1h -
It’s time for Americans to withhold their taxes | Judith Levine
The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...The Guardian - 6d -
Companies are unprepared for new tax trade-off in 2025
As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...The Hill - 2d -
Can you dispute your tax bill with the IRS?
Receiving an unexpected tax bill from the IRS doesn't mean you're automatically obligated to pay it.CBS News - 2d -
Will Republicans in Congress agree on a budget plan?
The Senate adopted a narrower budget proposal although Republicans in the House of Representatives are pushing ahead with different plan endorsed by President Trump. CBS News' Taurean Small reports.CBS News - 5d -
Trump asserts dominance as GOP senators come to heel
President Trump has proven to be a dominant force in politics and other aspects of American life in his first month back in the White House, showcasing how much his influence has grown since he ...The Hill - 4d -
The Memo: Trump’s jabs at Ukraine divide GOP
President Trump ratcheted up his attacks on Ukrainian President Volodymyr Zelensky on Friday, deepening the first real schism of his second term within the GOP. Appearing on the "Brian Kilmeade ...The Hill - 4d -
McConnell becomes maverick for Trump, GOP Senate
Sen. Mitch McConnell’s (R-Ky.) decision to conclude his storied political career marks the end of an era for Senate Republicans, especially as the longtime GOP leader increasingly signals he’s a ...The Hill - 4d -
Shutdown fight collides with GOP push for Trump priorities
The race to prevent a government shutdown next month is colliding with Republican efforts to enact President Trump’s tax and funding priorities. Congressional negotiators have been struggling for ...The Hill - 20h -
Trump: GOP senator had 'close call' with fall
President Trump weighed in on the recent head injury sustained by Sen. Kevin Cramer (R-N.D.) after he slipped and fell on ice during a trip home, wishing him a speedy recovery but noting the ...The Hill - 4h
