Judge requires Trump to reinstate AmeriCorps funding and staff
Federal Judge Orders Reinstatement of AmeriCorps Employees A federal judge has issued an order requiring the Trump administration to recover substantial grant funds for AmeriCorps and to rehire thousands of its employees. The administration’s abrupt dismantling of the organization was found to have violated federal law. U.S. District Judge Deborah Boardman ruled in favor of […]
Reasons Behind the New American Populists’ Push for Tariff-Based Government Funding
To fund the government, tax consumption rather than production For years, economic experts have urged the United States to focus on one key strategy: tax consumption instead of production. This approach to consumption taxes doesn’t penalize savings, nor does it discourage hard work. It doesn’t impose taxes on the income you might reinvest in your […]
Trump Suggests Ending Elon Musk’s Government Funding and Agreements
On Thursday, President Donald Trump suggested cutting government subsidies for Elon Musk, shortly after Musk claimed he was the reason Trump would win the 2024 election and accused him of expressing gratitude. “One of the simplest ways to save billions from the budget is to stop Elon’s government contracts and subsidies. I’ve often wondered why […]
Trump vows to cut massive federal funding for Elon Musk’s businesses amid escalating feud.
Trump and Musk’s Escalating Feud In a surprising turn, President Trump intensified his feud with former advisor Elon Musk on Thursday, criticizing the substantial federal funding supporting Musk’s enterprises. He claimed that cutting these subsidies could save “billions and billions” from the budget. It’s curious, he noted, that former President Biden didn’t take action on […]
Important Senate Committee Aims to Cut Biden’s Climate Funding in a Single Major Bill
The Senate Environment and Public Works Committee (EPW) unveiled parts of a settlement bill from the GOP on Wednesday. The document outlines plans to eliminate the Blighted Unobligated IRA fund. If the EPW Republicans have their way, this comprehensive bill will also put a stop to the implementation of the IRA’s methane emissions regulations, which […]
Justice Department Blocks Funding for Wisconsin Elections Commission
The Wisconsin Election Commission has been informed it will not receive federal funding due to violations of the U.S. Voting Act (HAVA), according to a statement from the U.S. Department of Justice (DOJ) Civil Rights Office. Attorney General Halham Dillon noted that the commission failed to meet the requirements set out under HAVA. A letter […]
Federal judge temporarily prevents Trump’s administration from threatening to reduce Denver’s funding
Denver Secures Temporary Injunction Against Trump Administration’s Funding Threat On Tuesday, a federal judge in Washington issued a temporary injunction that prevents the Trump administration from withholding federal funds related to a transportation program. This decision came in response to a lawsuit filed by Denver and several other local governments in May. They argued that […]
Taxes and Tariffs—Trump’s New Approach to Government Funding
Tariffs Reduce Trade and Fiscal Deficits The Congressional Budget Office has validated claims from politicians that they could enact change. When you consider President Trump’s new customs policy and legislation, things start to look different. The CBO estimates that tariffs imposed between January and May this year could lower the federal deficit by about $2.8 […]
California’s high-speed rail project wastes $7 billion while achieving no progress on tracks — Trump’s DOT warns of funding cuts
California’s High-Speed Rail Project Faces Scrutiny The Department of Transportation, under President Donald Trump, has asserted that California’s high-speed rail initiative hasn’t even managed to scrap a single truck after nearly 15 years and substantial investments amounting to billions of taxpayer dollars. A recent 300-page report from the Federal Railway Bureau, released by Transport Secretary […]
Temasek Reduces Funding for New Companies by 88%
Temasek, Singapore’s state investment group and one of the largest investors globally, has significantly reduced its investments in early-stage companies by 88% over the past three years. Investment in these ventures dropped from $4.4 billion in 2021 to just $509 million in 2024. This data was reported recently, referencing figures from tracxn. This year, Temasek […]