News

New York Magazine on MSN2d

Why Trump Keeps Clawing Back Spending

Maybe he truly hates social spending. Maybe he’s promised clawbacks to fiscal hawks. Maybe he wants Democrats to shut down ...
Republicans early this morning successfully passed the first rescissions package in decades, codifying $9 billion in cuts to ...
President Donald Trump’s “big, beautiful bill,” which he signed into law earlier this month, includes major wins for business ...
Sen. Lisa Murkowski said she feels "cheated" after she won a concession in the recently passed tax and spending law to protect wind and solar projects, only to see the president and his administration ...
The GOP megabill’s rescission of green energy tax credits is expected to kill renewable energy projects and jobs — including ...
Congress passed a bill cutting $9 billion in spending for NPR, PBS and foreign aid, sending it to Donald Trump’s desk to sign ...
House Republicans are trying to rev up their government funding work for fiscal year 2026 after devoting weeks of energy to ...
The vote marked the first time in decades that a president has successfully submitted such a rescissions request to Congress, ...
Sen. Thom Tillis (R-NC) compared the $9 billion clawback, known as a rescission, to “collecting bottles on the side of the road.” ...
Vice President JD Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Donald ...