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Tag: cut

Trump’s cut to Biden’s EV tax credit, backed by Musk, may impact auto industry, experts say

President-elect Trump is reportedly considering rolling back the Biden administration's credibility for electric vehicles, a move that experts say will have mixed effects on the auto industry as a whole. President Biden has implemented tax credits of up to $7,500 to encourage the purchase of environmentally friendly vehicles. But sources told Reuters that President Trump […]

Elon Musk, Vivek Ramaswamy Outline Sweeping Plan to Cut Federal Regulations And Staffing

Elon Musk and Vivek Ramaswamy published an op-ed in the Wall Street Journal on Wednesday revealing their plans for the Department of Government Efficiency (DOGE). Civil service protections cannot protect federal employees from mass layoffs. According to To the editorial. Mr. Musk and Mr. Ramaswamy outlined a sweeping plan to cut federal regulations and staffing […]

Olive oil maker Deoleo expects to cut prices in half

Olive oil prices are about to fall. Olive oil's biggest producer plans to cut prices in half as the weather crisis that caused the price of “liquid gold” to soar in recent months appears to be over. Deoreo, the maker of household olive oil brands such as Bertolli and Carbonell, says yields in southern Europe […]

The Fed May Cut if Trump Raises Tariffs

Fed does not consider tariffs to be inflationary A question we often get asked is how the Federal Reserve is likely to react to President-elect Donald Trump's tariffs. Simply put, The Fed is likely to ignore them. Critics of tariffs argue that: Raising tariffs on imports would cause inflation, slow U.S. growth, and even push […]

DOD ‘Scrambling,’ Wiping Evidence of DEI as Trump Readies to Cut Woke Generals

Sources say the Pentagon has “generals panicked” by the incoming Trump administration's plans to fire woke military leaders who prioritize diversity, equity, and inclusion (DEI) over combat readiness. It is said to be in complete chaos. “DEI pages are starting to disappear from major websites,” one source likened it to a hornet's nest being kicked […]

Biden-Harris Administration Decides Not to Cut Arms to Israel, After Threat

The State Department announced Tuesday that the Biden-Harris administration will not cut off arms supplies to Israel, pushing back against the perception that Israel's mitigation efforts are worsening the humanitarian situation in the Gaza Strip. As Breitbart News reported in October, the Biden-Harris administration threatened a partial arms embargo if Israel did not take steps […]