Tax bill from the GOP could lead to 11.8 million individuals losing insurance and $1.1 trillion in reductions to health funding.
A Republican tax and spending proposal in the Senate is advancing quickly and is set to result in deeper healthcare cuts and an increase in uninsured individuals compared to the version that previously passed in the House, according to a report from the Congressional Budget Office (CBO). The legislation could lead to 11.8 million Americans […]
Mace asks Trump to restore climate funding from the Biden administration: Report
Rep. Nancy Mace (R-S.C.) has asked the Trump administration to halt Biden-era climate initiatives to bolster auto manufacturing in the southeastern U.S., particularly in the Lowcountry region. In a letter released recently, Mace urged the Department of Energy (DOE) to provide funding for the Mercedes-Benz plant modification aimed at producing electric vehicles, claiming this could […]
Republican leaders increase funding for rural hospitals and revise Medicaid rules to protect Trump’s large bill.
Senate Republican leaders have raised the budget for rural hospital assistance and altered contentious provisions regarding health provider taxation in late-night efforts to keep President Trump’s ambitious bill on track for a Saturday afternoon vote. The proposed Rural Hospital Relief Fund has been increased from $15 billion to $25 billion, with the funding set to […]
Pentagon reduces F-35 orders while increasing funding for drones and missiles
Pentagon Unveils $96.1 Billion Budget Proposal On Thursday, the Pentagon shared details about its budget request, totaling $96.1 billion. This budget plan signals a potential shift away from the new F-35 fighter jets in favor of next-generation aircraft and drones. The requested amount, interestingly, is part of what officials are calling “One Big Beautiful Bill,” […]
Saks secures $600M funding, disappointing some bondholders: report
Saks is facing challenges as it recently secured a $600 million cash infusion from bondholders. This deal could potentially place other lenders at a disadvantage, leading to losses and diminished rights. The arrangement involves two parts. Initially, $300 million will be provided right away by investors holding half of Saks’ $2.2 billion high-interest debt from […]
$94 million in funding given to Jewish faith organizations
Federal Grant for Jewish Organizations Amid Rising Anti-Semitism The Department of Homeland Security (DHS) recently allocated a significant federal grant of $94.4 million to support 512 Jewish faith-based organizations through the National Security Supplement (NSGP-NSS). This funding is a part of a designated program by the Federal Emergency Management Agency (FEMA), aimed at bolstering “target […]
House passes more than $450 billion for VA funding, military construction, and additional measures as Democrats point out ‘possible concerns’
House Republicans Advance Spending Bill for 2026 On Wednesday, House Republicans moved forward with their initial spending bill for the fiscal year 2026, advocating for over $450 billion aimed at the Department of Veterans Affairs (VA), military construction, and related programs. The legislation passed mostly along party lines, although two Democrats, Jared Golden from Maine […]
Harvard Kennedy School employees dismissed following significant reductions in federal funding.
Harvard Kennedy School to Lay Off Staff Due to Funding Cuts The Harvard Kennedy School is set to lay off staff on Wednesday following cuts to federal funding and potential increases in donation taxes, as revealed in an email from the school’s dean. While not specifically naming the Trump administration, Dean Jeremy M. Weinstein communicated […]
Republican senator proposes legislation to cut funding for anti-American governments
Senator Blackburn Pushes for Accountability in Foreign Aid Senator Marsha Blackburn from Tennessee is spearheading an initiative aimed at ensuring that taxpayer money is used effectively for American interests. She is set to introduce the UN Voting Accountability Act on Thursday. This legislation would prevent taxpayer dollars from going to countries that oppose the U.S. […]
Court Grants South Carolina Permission to Cut Funding for Planned Parenthood
Supreme Court Decision on South Carolina’s Medicaid Funding The Supreme Court ruled on Thursday that South Carolina can halt Medicaid funding for a Planned Parenthood clinic in the state. This ruling followed an executive order by Governor Henry McMaster (R) in 2018 aimed at removing the organization from the Medicaid program, alleging violations of federal […]