House Republicans Reportedly Eye $2 To $3 Trillion Spending Cuts In Closed-Door Meeting
House Republican committee chairs outlined potential spending cuts in the range of $2.5 trillion to $3 trillion to fund a massive tax cut package during this week's closed session, Punchbowl reported on Friday. The proposed cuts span multiple federal programs, with the Energy and Commerce Committee leading the charge for up to $2 trillion in […]
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z – CNBC
Silas Stein | Photo Alliance | Getty Images American Express' Wealthy cardholders once again felt comfortable spending freely at the end of last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AMEX cards grew 8% year-over-year in the fourth quarter, after slowing to 6% from 7% growth in the fourth quarter, according […]
Warren sends Musk 30 ideas for DOGE to cut government spending
Sen. Elizabeth Warren (D-Mass.) sent tech billionaire Elon Musk 30 ideas on how the newly formed Department of Government Efficiency (DOGE) could reduce government spending. Ta. In a Thursday letter to Musk, a close Trump ally and chairman of the committee, Warren called for allowing Medicare to negotiate lower drug prices, renegotiating contracts with the […]
3 creative tactics for DOGE to end wasteful government spending
The majority of Americans believe Government is inefficient, profligate, and “overreaching.” Every year, taxpayers pay for programs that haven't even been evaluated for decades. The newly established House and Senate DOGE caucuses represent a new opportunity to challenge the status quo. But for these efficiency warriors to succeed, they must face the same challenge that […]
Macron Urges Europe to Lift Defence Spending, Boost NATO
French President Emmanuel Macron urged Europe to “wake up” and spend more on defense, in a speech that echoed President Donald Trump's previous warning that U.S. taxpayer dependence on NATO was no longer acceptable. I appealed to them to do so. AP report Macron said Trump's return to the White House was “an opportunity to […]
Marcus Rashford’s holiday scheme for kids wins reprieve from spending cuts | Poverty
Ministers have announced a Marcus Rashford-inspired plan to provide food to vulnerable children during school holidays, amid fears they could fall victim to a frantic money-saving drive across Whitehall. The plan, which offers activities and events, will be maintained for another year. More than a million people have signed a petition calling for the Manchester […]
Georgia ‘BLM’ Mayor Under Fire for Spending 1.000s of Taxpayer Dollars
A Georgia mayor who claims to be “America's first Black Lives Matter organizer elected to public office” has been accused of spending $26,000 in public funds on fraudulent expenses, mainly on overseas trips. South Fulton Mayor Khalid Kamau has faced criticism from residents and at least one City Council member this week. asked a question […]
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republican lawmakers on the House Budget Committee are preparing for a broad reconciliation bill expected this year, including more than 200 budget cuts, tax cuts, tariffs and programs like Medicare and Social Security, according to documents shared with The Hill. We are considering the possibility of changes. Different policy options are broken down by committees, […]
DeSantis’ chosen Rubio replacement Moody wants to tackle inflation, spending, border: ‘Audit the Fed!’
Florida Attorney General Ashley Moody, who will be sworn into the U.S. Senate, has called for an audit of the Federal Reserve, vowed to vocally oppose government spending, and to strengthen border security and remove individuals who enter the U.S. illegally. He has declared that he will fight. Sen. Marco Rubio (R-Fla.) is set to […]
NYC Mayor Adams avoids deep budget cuts in record-breaking $114.5B election year spending plan
Mayor Eric Adams announced a record $114.5 billion spending plan Thursday, achieving his first city budget without painful spending cuts in an election year. The fiscal year 2026 spending plan is about $2 billion more than New York City's last enacted budget and includes investments in mental health, parks and quality of life programs. “By […]