DOGE cuts are great, but aren’t enough to stop debt from hitting $40 trillion
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PA’s Shapiro seeks to fill hundreds of state jobs as feds look for cuts
With Doge scrutinizing federal workers for cuts, one potential 2028 Democrat hoper has issued an executive order aimed at filling hundreds of vacant seats in his own state government, focusing on private sector openings. Pennsylvania Governor Josh Shapiro joined other senior officials at the job fair at the Harrisburg State Farm Show complex, signing federal […]
Trump cuts off federal resources for law firm that helped fuel 2016 Russia hoax
President Donald Trump signed an executive order on Thursday, retracting security clearances and revoking Perkins COIE's access to certain federal resources. It was the law firm that hired a company responsible for creating a so-called “steel deja,” which contains sleazy material on the connections that the president denied with Russia. “This is an absolute honour […]
Murphy fears more Medicare pay cuts will kill private practice
Rep. Greg Murphy (RN.C.) worries that if he does nothing to curb cuts in Medicare payments to doctors, doctors will not be able to afford to implement their personal practices. “We're in the crucible. If we don't fight these cuts here, if we can't get rid of them, if we don't reverse them, we don't […]
Trump Winning Over Conservatives on CR with Focus on Spending Cuts
President Donald Trump has worked with House Republicans on clean, continuing resolutions (CRs) to give his administration time to advance his agenda, and his outreach appears to be at work. Conservatives at the House Republican Congress have long wandered into the CRS, mainly because they don't offer opportunities for cuts. But Trump's seriousness in spending […]
Job cuts last month higher than any February since 2009
The US-based employer cut more jobs in February this year than in 16 years. New Report Outplacement Challenger, from Grey and Christmas. This year, employers announced 172,017 job cuts. This is the shortest and shortest month since 2009, when 186,350 jobs were cut. Total employment cuts in February this year are more than twice the […]
Trump’s Cuts Are a ‘War on Veterans’
Sen. Tim Kane (D-VA) on CNN's “lead” on Thursday claimed that the Trump administration's move was something like a “war with veterans.” Host Jake Tupper said: I think you hear from the fact that your district workers are directly influenced by many of your members, who are veterans. ” Kane said, “You're right. And look, […]
Stocks slump on Trump tariff fears, job cuts
The stock market sank after Thursday's opening bell amid growing fears about potential damage that President Trump's new tariffs could weaken the economy. All three major indices began trading at a loss of more than 1% on Thursday and gave up profits from short market rebounds on Wednesday. The Dow Jones industrial average fell by […]
US announced job cuts surge 245% in February on federal government layoffs
The “The Big Money Show” panel doubles when Doge emails him, “What did he do last week?” Layoffs for US workers have surged to levels not recorded since the last two recessions amid fears of large-scale Trump administration jobs cuts in federal agencies, cancellation of contracts and widening trade wars. Global Outplacement Firm Challenger report […]
House Republican: Musk should take 'a half step back' on DOGE cuts
Rep. Rich McCormick (R-Ga.) said billionaire Elon Musk should take a “half-step back” as government efficiency (DOGE) takes steps to reduce the size of the federal workforce and eliminate so-called wasted government spending. in A quick interview With CNN's Manu Raju on Wednesday – shortly before Musk was scheduled to meet with House Republicans – […]