Sweeping budget package passes House
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Treasury Secretary Scott Bessent found himself in an unexpected position Friday morning, facing a challenging question from — of all people — a Fox News anchor. The budget bill passed by the House this week “adds trillions to our debt,” Fox’s Bill Hemmer noted. “How is that acceptable to this administration?”
WASHINGTON (Reuters) -The House budget bill that narrowly passed in an early morning vote on Thursday would effectively put the brakes on a clean energy production boom in the United States spurred by subsidies enacted in 2022.
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President Trump met with holdouts again Wednesday as leaders ramp up their efforts to build support around the bill.
House Republicans are committed to an extraordinary influx of funding to ramp up the president’s deportation agenda and border enforcement.
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The head of the Environmental Protection Agency clashed with Democratic senators Wednesday, accusing one of being an “aspiring fiction writer” and saying another does not "care about wasting money.'' Democrats countered that EPA Administrator Lee Zeldin’s tenure will likely mean more Americans contracting lung cancer and other
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The budget bill passed Thursday by U.S. House Republicans seeks, among other cuts, to gut clean energy incentives to pay for President Donald Trump’s proposed tax breaks.
A three-month budget will go into effect in July amid the possibility of a potential endowment tax increase that could cost the college millions more.
The LA City Council approved a revised budget to close its deficit, which also reduced layoffs from roughly 1,600 to about 600.
Yields on government debt have risen as Congress weighs Trump’s budget plan. Meanwhile, interest on the debt is approaching $1 trillion a year – on par with proposed Defense spending.