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Vought nomination signals bruising spending wars under Trump

The Senate confirmation hearing Wednesday for Russell Vought, one of Washington's most ardent proponents of spending cuts, foreshadowed the bitter spending wars that will engulf Congress this year. Vought, who was nominated by President-elect Trump to head the Office of Management and Budget, served in the role during President Trump's first term and took the […]

UK Says Trump Right to Demand Higher Military Spending From NATO

LONDON (AP) – Europe's security is “at risk” and President-elect Donald Trump is right to say NATO allies should increase military spending, Britain's top diplomat says. he said on Thursday. Foreign Secretary David Lammy said: “The post-Cold War peace is completely over.” “Donald Trump and J.D. Vance are exactly right when they say Europe needs […]

Spending on Streaming Services Plummets 23 Percent in a Single Year

By the end of 2024, spending on streaming services in Japan will be folded From an average of $55.04 per month to just $42.38. That's a staggering 23% decrease in just one year. With millions of people canceling their very expensive cable packages every year, you might think the amount they spend on streaming would […]

Janet Yellen admits COVID spending may have contributed ‘little bit’ to inflation

Treasury Secretary Janet Yellen said in a CNBC interview Wednesday that the Biden administration's stimulus spending to keep the economy afloat during the coronavirus pandemic may have contributed slightly to inflation. Yellen said supply chain issues and shortages were the main factors driving up prices during the pandemic, but acknowledged that stimulus spending may have […]

What to know about DOGE and its quest to slash government waste, spending

The newly created Department of Government Efficiency (DOGE) is preparing to take office after the Trump administration is sworn into office, with the goal of reducing government waste and increasing transparency in government spending. DOGE is not a cabinet-level department, but rather an outside government blue ribbon commission tasked with investigating government spending, waste, efficiency, […]

Newsom Claims California Budget Surplus; Warns of Trump, DOGE Spending Cuts

California Gov. Gavin Newsom (D) insisted the state will have a modest budget surplus next year, but still plans to raid the “rainy day” emergency fund, prompting President-elect Donald Trump He warned about the president's spending cuts. Newsom came under intense criticism last year after he turned what was once a $100 billion surplus into […]

Top New Year’s Resolutions Include Eating Healthier, Spending More Time with Family

According to a Statista survey, Americans' top New Year's resolutions include eating healthier and spending more time with family. Most Americans, 57 percent, said Although they have some kind of resolution for 2025, 43% said they have not. Of those who said they were determined, five stood out. The survey results showed that 21% said […]