Trump to freeze federal funds as admin weeds out ‘wokeness’ in budget
According to the management and internal memo of the Budget Bureau acquired by BLAZE NEWS, President Donald Trump's administration will suspend on Tuesdays on tens of millions of dollar subsidies and loans. When OMB announced a budget ideology review, temporary freezing was enabled. As a result, the administration has funded the grants or loans implemented […]
Vance to address House Republicans at Trump hotel amid division over budget bill
The Republican Republican members will hear from Vice President JD Vans on Tuesday, the second day of the annual problem meeting. GOP chose Sunny South Florida for the annual retreat. Three -day events are being held in the commander's golf course and the Dral resort, in the signs of permanent influence on President Donald Trump's […]
‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators
Democratic lawmakers on Wednesday blasted President Donald Trump's nomination to head the Office of Management and Budget (OMB) on a range of issues from abortion to the constitutionality of confinement laws. Republicans argue that Russell Vought is qualified for the role because he served as President Trump's OMB director during President Trump's first term, while […]
Blue Cross Blue Shield needs to trim $600 million from budget – WILX
LANSING, Mich. (WILX) – Blue Cross Blue Shield of Michigan says it will need to cut its budget by hundreds of millions of dollars over the next few years. The state's largest health care provider says it needs to cut jobs because of rising prescription drug prices and more people seeking treatment. Blue Cross said […]
Hochul punts NY reparations commission in new budget, but adds $5M to cost
Gov. Kathy Hochul is seeking a one-year extension of the New York State Reparations Commission to add $5 million to the controversial commission that examines possible payments to Black people in New York. The budget Hochul unveiled Tuesday calls for action to address the inequalities still faced by descendants of slavery and perhaps other Black […]
Hochul to unveil massive $252B budget proposal but new taxes, fees for MTA remain mystery
Gov. Kathy Hochul is scheduled to unveil her most expensive budget on Tuesday, with a $252 billion plan to continue increasing spending to fund new benefits. Mr. Hochul's administration proposal is $19 billion (8.3%) larger than last year's proposal and $36 billion (16%) more than the original plan for 2022. The state budget for 2024-25 […]
Argentina Seals Budget Surplus For First Time In 14 Years
Argentina's President Javier Millei attends the Atreju political rally organized by young radicals of Italy's right-wing party Fratelli d'Italia in Rome on December 14, 2024. (Photo by Filippo Monteforte/AFP) (Photo by Filippo Monteforte/AFP via Getty Images) OAN Staff Avril Elfie 1:30pm – Saturday, January 18, 2025 Argentina recorded its first budget surplus in 14 years, […]
Steve Cohen operating with Mets budget is always subject to change
The Mets are suddenly in the same situation as the Yankees when Juan Soto left for the Mets, strategically trying to replace Pete Alonso. That's ironic. Basically, both sides were going to spend $1 to keep a slugger, but when he left, they realized the best use of the money was to cut it into […]
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republican lawmakers on the House Budget Committee are preparing for a broad reconciliation bill expected this year, including more than 200 budget cuts, tax cuts, tariffs and programs like Medicare and Social Security, according to documents shared with The Hill. We are considering the possibility of changes. Different policy options are broken down by committees, […]
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit will reach $1.9 trillion in fiscal year 2025. Nonpartisan budget statisticians estimate that federal spending for the fiscal year will total $7 trillion, or 23.3 percent of gross domestic product. This figure is estimated to reach 24.4 in 2035, with spending expected to […]