University President Reduces Salary by 25% Amid Funding Cuts by Trump
Harvard President Voluntarily Cuts Salary Amid Federal Funding Reductions Harvard University President Alan M. Gerber is opting for a 25% salary cut in 2026 due to significant reductions in federal funding, totaling nearly $3 billion, as announced by Harvard spokesman Jonathan L. Swain. Swain noted that Gerber has communicated his decision to senior university officials, […]
Changes made to retirement cuts in House reconciliation package
House Republicans Propose Changes to Federal Workers’ Retirement Benefits On Monday, House Republicans introduced modifications to their proposed cuts to federal workers’ retirement benefits, trying to make the changes more acceptable after receiving bipartisan criticism. Last month, the House Committee on Oversight and Reform moved forward with parts of the GOP’s budget settlement bill, which […]
Stephen Moore: Moody’s downgrade of federal credit indicates a political bias against Trump’s tax cuts
Kenny Polcari from Slatestone Wealth and Eddie Ghabour, CEO of Key Advisors Wealth Management, will explore the economy’s current state, particularly focusing on whether buying market dips is a wise strategy. Like many, I share concerns about government spending and rising debt. But I can’t help but question the competence of credit rating agencies like […]
W.H.O. Struggles with Funding Shortages Amid ‘Existential Crisis’ After U.S. Cuts
WHO Conference Highlights Funding Challenges The World Health Organization has kicked off its annual nine-day conference by the shores of Lake Geneva in Switzerland. More than 8,000 participants have flown in from various countries. However, the mood is somewhat tense, as the organization has come under scrutiny, with doubts about its capacity to respond to […]
Health organizations promised to oppose Republican cuts to Medicaid and Obamacare
US advocacy groups are launching a concentrated effort to safeguard Medicaid and Obamacare from Donald Trump’s proposed budget cuts, which could total $8,800 billion according to House Republicans. The proposed House bill has stirred division among Senate Republicans, while still leaving some contentious proposals on the table. Some have labeled it “political suicide,” with others […]
Speaker Johnson: Trump’s ‘Big Beautiful Bill’ With $900B in Spending Cuts Remains ‘On Track’ Despite GOP Defections
House Speaker Discusses Trump’s Budget Plan On Sunday, House Speaker Mike Johnson mentioned that President Trump’s “Big Beautiful Bill” is set to reduce federal spending by approximately $900 billion, aiming for passage by the end of next week, despite some pushback from fiscal conservatives within the GOP. Johnson explained, during a Fox News interview, that […]
Virginia Democrat: Republican tax cuts would burden millions of Americans
Representative Jennifer McClellan (D-Va.) appeared on News Nation’s “The Hill Sunday,” where she expressed concerns that the tax cuts outlined in the GOP budget proposal could negatively impact “millions of Americans” who depend on Medicaid and food assistance programs. “This budget proposes making tax cuts permanent, which could lead to millions losing their health care […]
NASA budget cuts under Trump: The positive, the negative, and the problematic
The newly released streamlined federal budget proposal has raised eyebrows, particularly concerning NASA’s allocations. This situation has its ups and downs. Most of President Trump’s budget drafts seem to focus on the Artemis program, which aims for human exploration on the moon and Mars. There’s over $7 billion earmarked for moon missions and more than […]
Advocate Warns GOP Medicaid Cuts ‘Will Kill People’ and New Research Supports This
Critics argue that substantial cuts to Medicaid, championed by the Trump administration and House Republicans, are gaining traction due to new research highlighting the impact of health programs in the U.S. A recent report from the National Bureau of Economic Research indicates that Medicaid expansion has saved over 27,000 lives since 2010, a finding reported […]
Fran Drescher, president of SAG-AFTRA, urges Trump to swap tariffs for tax cuts
A Different Approach to Hollywood’s Challenges Recently, Donald Trump proposed a plan to impose 100% tariffs on foreign films, aiming to protect Hollywood from what he describes as a “very fast death.” Fran Drescher, known for her role in “The Nanny” and now serving as the president of SAG-AFTRA, believes tax credits would be a […]