IRS outlines plan to cut up to 40% of workforce, as tax filing season ends – Federal News Network

Exclusive The IRS outlines plans to cut up to 40% of the workforce as tax return season ends By the end of these cuts, the IRS is expected to shrink from around 102,000 to around 60,000 employees. Jolly Heckman@jheckmanwed April 15, 2025 12:54pm Please read for 1 minute The IRS plans to cut up to […]
‘Absolutely Despicable’ to Cut Funding to Schools Where Antisemitism Is ‘Rampant’

“The people who criticize the anti-Semitism on our campus are not wrong,” New York Governor Kathy Hochul, D., said in an interview with NY1’s “Inside City Hall” on Monday. Host Errol Louis asked, [relevant exchange begins around 15:40] “What’s your reaction to an administration that threatens to withdraw federal funds from Columbia University? That appears […]
Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan said that between May and July, it will cut Japanese production of its top-selling US model, the Rogue SUV, and that anyone familiar with the issue will become the latest global automaker to change its manufacturing plans in response to new US import duties. President Donald Trump’s decision to tax cars built overseas by […]
US small businesses tethered to China sell off inventory, cut jobs amid escalating trade war: sources

US small and medium-sized businesses with deep ties to China are screaming that they are floating by selling inventory and cutting jobs as the trade war escalates between the two biggest economies in the world. The Trump administration raised tariffs on goods from China to 145% last week. Large companies caught up in Crossfire have […]
Memo says Trump would cut State budget by 50 percent: WaPost

An internal White House memo proposes cutting budgets for the State Department and the US Agency for International Development (USAID) by almost half of fiscal year 2026. New Report From the Washington Post. According to the Post, early proposals for the 2026 budget will be $28.4 billion for the state and USAID, or about 48% […]
Ed Dept Moves To Cut All Funding From Maine, Refer State To DOJ

The U.S. Department of Education (ED) announced Friday that it would pull all K-12 funds from Maine and refer to the Department of Justice (DOJ) for its Trump administration's ban on competing men in women's sports and consistent violations. The Maine Department of Education (MDOE) has been in conflict with the administration for weeks after […]
Bank of America CEO said he expects the Fed not to cut rates this year

Bank of America CEO Brian Moynihan unravels the impact of car rates and the future of a moving economy with the “Claman Countdown.” Bank of America CEO Brian Moynihan has stoked the new automobile import taxation and how consumers are responding to banks' expectations of the administration's tariffs and interest rates. The new measures announced […]
Elon Musk says DOGE’s trillion-dollar target ‘quite achievable’ without services cut

WASHINGTON – Elon Musk said Thursday that cutting 1 trillion in federal spending is “very achievable” without affecting the core services offered to Americans. The Government Efficiency Bureau leader expressed his confidence in achieving his goals in an interview with Fox News Anchor Bret Baier. “Our goal is to cut the deficit by $1 trillion, […]
CNN’s Kaitlan Collins cut off mid-question by WH press secretary Karoline Leavitt

Kaitlan Collins from CNN I was cut off in the middle of a question By White House Press Director Karoline Leavitt on Wednesday – within 24 hours of the network's star correspondent being shut down when he tried to ask President Trump for follow-up. Levitt held a courthouse with reporters when he called out Collins […]
Canada’s Conservative Party Promises to Cut Mass Economic Migration

The Canadian conservative leader wants to win the national election on April 28th, hammed Justin Trudeau's successor to support the massive legal immigrants who have caused massive pocketbook damage to ordinary Canadians. The Conservative candidate is Pierre Poillivre. He is campaigning against Mark Kearney, an international banker and Goldman Sachs executive. The two parties are […]