8 h. ago Carney’s Cabinet Searches for Spending Cuts as Defense Bill Grows

Canada’s finance minister has asked members of cabinet to find billions of dollars in spending cuts as the government looks for ways to pay for a larger defense budget and capital projects.

Events

9 h. ago Finance minister directs cabinet colleagues to find billions in spending cuts

Champagne stated his intention to reduce program spending by 7.5% for the 2026–27 fiscal year, by 10% in the second year, and 15% in 2028–29

Politics

56 h. ago Elon Musk says he’s formed new ‘America Party.’ What to know

The announcement from Musk comes after President Donald Trump signed a tax-cut and spending bill into law on Friday, which the Tesla CEO firmly opposed.

Culture

3 d. ago Trump signs his tax and spending cut bill at White House July 4 picnic

WASHINGTON — President Donald Trump signed his package of tax breaks and spending cuts into law Friday in front of Fourth of July picnickers after his cajoling produced almost unanimous Republican support in Congress for the domestic priority that could cement his second-term legacy. Flanked by Republican legislators and members of his Cabinet, Trump signed […]

Economics

3 d. ago Trump to sign ‘big, beautiful bill’ into law. Here’s what it includes

At nearly 900 pages, the legislation is a collection of tax breaks, spending cuts and other Republican priorities, including new money for national defence and deportations.

Other

4 d. ago Here’s what to know about clean energy in Republican megabill headed to Trump

Congress passed a massive tax and spending cuts package Thursday that curbs billions of dollars in spending across clean energy. That means people will be paying a lot more for home solar, energy efficiency and other green technologies — and the nation’s efforts to address climate change just got a lot more challenging. The bill […]

Other

4 d. ago U.S. Congress passes Trump’s ‘big, beautiful bill,’ now set to become law

The US$4.5 trillion tax breaks and spending cuts bill rolls back significant parts of former president Joe Biden's climate change agenda and previous expansions of Medicaid.

Other

4 d. ago Trump Wins Broad Economic Policy Shift as House Passes Tax Bill

President Donald Trump secured a sweeping shift in US domestic policy as the House passed a $3.4 trillion fiscal package that cuts taxes, curtails spending on safety-net programs and reversed much of Joe Biden’s efforts to move the country toward a clean-energy economy.

Economics

5 d. ago In a big bill that hurts clean energy, residential solar likely to get hit fast

WASHINGTON (AP) — As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt. “(The changes) would almost certainly include the loss of jobs on our team,” […]

Other

6 d. ago Trump’s Tax Bill Passes US Senate as Republicans Notch Major Win

Donald Trump’s $3.3 trillion tax and spending cut bill passed the Senate Tuesday after a furious push by Republican leaders to persuade holdouts to back the legislation and hand the president a political win.

Politics

6 d. ago U.S. Senate churns through overnight session as Republicans seek support for Trump’s big bill

WASHINGTON (AP) — The Senate is slogging through a tense overnight session that has dragged into Tuesday, with Republican leaders searching for ways to secure support for President Donald Trump’s big bill of tax breaks and spending cuts while fending off proposed amendments, mostly from Democrats trying to defeat the package. An endgame appeared to […]

Other

7 d. ago States brace for impact as Trump’s big bill nears completion in Congress

JEFFERSON CITY, Mo. (AP) — President Donald Trump’s big bill to cut taxes and reduce federal spending on some social safety net programs could have large implications for states, but for many it’s too late to do much about it this year. Tuesday marks the start of a new budget year in 46 states. Though […]

Other

8 d. ago After a dramatic vote, the Senate pushes ahead on Trump’s tax break and spending cut plan

By a 51-49 tally and with Vice President JD Vance at the Capitol to break a potential tie, the Senate cleared a key procedural step Saturday as midnight approached.

Economics

9 d. ago Senators prep for a weekend of work to meet Trump’s deadline for passing his tax and spending cuts

Not all GOP lawmakers are on board with proposals to reduce spending on Medicaid, food stamps and other programs to help extend some $3.8 trillion in Trump tax breaks.

Economics

2 w. ago How Senate Republicans want to change the tax breaks in Trump’s big bill

WASHINGTON (AP) — House and Senate Republicans are taking slightly different approaches when it comes to the tax cuts that lawmakers are looking to include in their massive tax and spending cuts bill. Republicans in the two chambers don’t agree on the size of a deduction for state and local taxes. And they are at […]

Economics

3 w. ago Want to crush your debt? Financial experts suggest trying a money crash diet

The premise is simple: Aside from rent, groceries and internet, cut absolutely all other spending, and live like a monk

Events

3 w. ago Millions of Acres of Public Land Sales Added to Trump’s Tax Bill

The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald Trump’s massive package of tax cuts and spending in the Senate’s version of the bill released Wednesday night.

Economics

3 w. ago Pakistan hikes defense budget 20% following conflict with India, but overall spending is cut

ISLAMABAD (AP) — Pakistan Tuesday hiked defense spending by 20% following last month’s deadly conflict with India. The government of Prime Minister Shehbaz Sharif announced the increase as part of the budget for the fiscal year 2025-26, in which overall spending will be cut by 7% to 17.57 trillion rupees ($62 billion). Pakistan and India […]

Events

4 w. ago Republican senators to watch in the maneuvering over Trump’s big bill

WASHINGTON (AP) — The Senate has set an ambitious timeline for passing President Donald Trump’s sweeping legislation to cut taxes and spending. But getting it on the Republican president’s desk by July 4 will require some big decisions, and soon. Republican senators are airing concerns about different parts of the legislation, including cuts to Medicaid, […]

Other