4 h. 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

33 h. ago Medicaid, food aid recipients worry about safety net cuts in bill sent to Trump

JEFFERSON CITY, Mo. (AP) — Supporters of the sweeping tax and spending legislation that Congress has sent to President Donald Trump say the changes to Medicaid, food aid and other programs will encourage personal responsibility and halt those scamming the system. Critics of the bill, given final congressional approval Thursday, say the requirements will upend […]

Other

3 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

3 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

4 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

4 d. ago Canada to rescind digital services tax to revive U.S. trade talks

The federal government said it will rescind the digital services tax "in anticipation" of coming to a trade deal with the U.S., following President Donald Trump cutting off talks.

Economics

5 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

6 d. ago Senate Republicans Advance Trump Tax Bill on Crucial Test Vote

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote, a sign that Republican leaders are resolving the infighting over portions of the legislation and moving toward meeting a July 4 deadline the president has set for passage.

Economics

6 d. ago Trump Tax Bill Advances in Senate After Vance Pressures Holdouts

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance and GOP leaders and Republican holdouts.

Economics

6 d. ago Trump Tax Bill Advances in Senate as GOP Scrounges for Votes

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations, setting up fresh round of deal-making as Republicans seek to convince holdouts to support the bill for final passage.

Economics

6 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

7 d. ago From DEI to federal cuts: How lawsuits against the Trump agenda could be affected by new USSC ruling

Between the start of the new administration and mid-May, judges issued roughly 40 nationwide injunctions against the White House on various topics

Other

7 d. ago What is Canada’s digital services tax and why is it infuriating Trump? 

Trump abruptly cut off all trade negotiations with Canada, citing Ottawa’s DST for the decision

Economics

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 What’s targeted in Trump’s request for $9.4 billion in budget cuts from Congress

WASHINGTON (AP) — President Donald Trump is looking to cancel $9.4 billion in spending already approved by Congress. That’s just a sliver of the $1.7 trillion that lawmakers OK’d for the budget year ending Sept. 30. The package of 21 budget rescissions will have to be approved by both chambers of Congress for the cuts […]

Economics

3 w. ago Tesla hit with a pair of downgrades amid fallout from Trump feud

(Bloomberg) — Tesla Inc. was hit with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the electric-vehicle maker’s outlook following last week’s clash between Chief Executive Elon Musk and President Donald Trump. Both Argus Research and Baird cut the stock to the equivalent of hold ratings, cementing Tesla’s reputation as […]

Other

3 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

4 w. ago Elon Musk pulls back on threat to withdraw Dragon spacecraft

As President Donald Trump and Elon Musk argued on social media on Thursday, the world’s richest man threatened to decommission a space capsule used to take astronauts and supplies to the International Space Station. A few hours later, Musk said he wouldn’t follow through on the threat. After Trump threatened to cut government contracts given […]

Economics

4 w. ago Musk threatens to decommission a key space station link for NASA

As President Donald Trump and Elon Musk argued on social media on Thursday, the world’s richest man threatened to decommission a space capsule used to take astronauts and supplies to the International Space Station. After Trump threatened to cut government contracts given to Musk’s SpaceX rocket company and his Starlink internet satellite services, Musk responded […]

Society

4 w. ago Elon Musk Urges Americans Take Action to ‘Kill’ Trump Tax Cut Bill

Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in the legislation, according to a person familiar with the matter.

Economics