3 d. ago Trump's budget bill could complicate 2026 tax filing season after IRS cuts, watchdog warns

The budget bill championed by President Donald Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts

Events

2 w. ago Sir Bob Geldof brands Elon Musk a 'sociopathic loser' in blistering tirade against UK and US leaders

The outspoken campaigner appeared on stage on Wednesday following a performance of Just For One Day, the musical inspired by the 1985 Live Aid concerts

Politics

2 w. ago Donald Trump faces Lettuce Liz Truss crisis over 'crazy' tax cuts, says ex IMF man

Donald Trump is heading for a "Lettuce" Liz Truss "moment" after spooking the markets with his "beautiful" tax cut bill, economists say.

Politics

2 w. ago Elon Musk’s father says Tesla boss called Donald Trump ‘evil’ and a ‘crook’

Elon Musk’s father has claimed his son branded Donald Trump “evil” and a “crook”.

Politics

2 w. ago Trump’s ‘big, beautiful’ bill is built on falsehoods about low

Republicans portray those in poverty as lazy people who make poor decisions. They’re using that trope to justify huge cuts to the social safety netAs they race to deliver Donald Trump’s “big, beautiful” tax bill, Republicans in Congress are using familiar tropes to justify massive cuts to the safety net that will leave millions of low-income children and families without healthcare or sufficient food. The programs, they argue, are rife with waste, fraud and abuse, and the people who use them just aren’t working hard enough. So work requirements are necessary to force the obviously lazy “able-bodied” people to get to work.Here’s the reality check: a majority of those receiving this aid who can work are already working. More than 70% of working-age people who receive nutrition benefits or Medicaid, the health insurance program for low-income children and adults that covers one in five Americans, are already working, according to the Government Accountability Office. Those who aren’t w...

Politics

2 w. ago Newsom is warned of ‘criminal tax evasion’ if he withholds federal taxes

California governor made threat amid reports Trump is weighing huge federal funding cuts targeting stateThe US treasury secretary, Scott Bessent, has warned California governor Gavin Newsom that he would be guilty of “criminal tax evasion” if he withholds his state’s tax payments to the federal government amid threats of a funding cut by Donald Trump.Newsom had threatened to cut tax payments to the federal government two days ago after reports that Trump was preparing huge federal funding cuts targeting Democrat-dominated California, including its state university system. Continue reading...

Events

2 w. ago Donald Trump says relationship with Elon Musk over after feud as JD Vance brands Space X boss 'so nuclear'

US President confirms he has severed ties with Space X boss following their explosive falling-out

Politics

3 w. ago Elon Musk takes Trump feud to next level with more Epstein files claims as aides try to broker peace: Live updates

Donald Trump branded Elon Musk 'the man who has lost his mind' as the world's richest man escalated his feud with the president.

Politics

3 w. ago Elon Musk claims ‘without me, Trump would have lost the election’ – US politics live

Former adviser accuses Trump of being ungrateful in tweet after US president said he was ‘very disappointed’ in Tesla CEOTrump says he is ‘very disappointed’ in Elon Musk after attacks on tax billPresident Vladimir Putin told US president Donald Trump that he was ready to use Russia’s close partnership with Iran to help with negotiations over Iran’s nuclear programme, the Kremlin said on Thursday.Trump said after a phone call with Putin on Wednesday that time was running out for Iran to make a decision on its nuclear programme and that he believed Putin agreed that the Islamic Republic should not have nuclear weapons. Continue reading...

Politics

3 w. ago Elon Musk brands Donald Trump's big tax break bill a 'disgusting abomination'

Donald Trump's administration is pushing a piece of legislation in the United States which will be central to its agenda and will mean tax breaks as well as spending cuts

Economics

3 w. ago Elon Musk calls Trump’s ‘big, beautiful’ tax bill a ‘disgusting abomination’

The former head of Doge said the ‘outrageous’ tax bill will cause the deficit to grow to $2.5tnUS politics live – latest updatesElon Musk, the billionaire tech entrepreneur, has opened a new rift with Donald Trump by denouncing the US president’s tax and spending bill as a “disgusting abomination”.Musk’s online outburst could embolden fiscally conservative Republican senators – some of whom have already spoken out – to defy Trump as they continue crucial negotiations on Capitol Hill over the so-called “one big, beautiful bill”. Continue reading...

Politics

last month ‘First Buddy’ Elon Musk leaving Trump’s White House but says Doge crusade will continue

Musk departs a day after criticising a centrepiece of the US President Donald Trump’s tax agenda

Politics