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SPENDING CUTS LEGISLATION
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAverage hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.
Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
More cash each month! Social Security Administration revamp could mean bigger checks soon – here's what retirees must knowSocial Security calculation change 2026 boosts monthly checks: More money is finally reaching retirees. The Social Security calculation cha...
No income tax? This US state proposal ignites hype and serious budget fearsNo income tax states US: South Carolina is set to gradually eliminate personal income tax. This move promises a simpler tax system but rais...
US Senate passes $9 billion in spending cuts to public broadcasting, foreign aid requested by TrumpThe Senate passed $9 billion in federal spending cuts requested by President Trump, targeting public broadcasting and foreign aid, despite ...
US House passes sweeping tax-cut and spending bill, sends it to Trump for signatureRepublicans in US Congress successfully passed President Trump's $4.5 trillion tax cuts and spending bill, achieving a major legislative vi...
Senators prep for a weekend of work to meet Trump's deadline for passing his tax and spending cutsSenate Republicans are pushing to pass President Trump's tax and spending package by the July Fourth deadline, facing internal GOP division...
Trump tax bill passes key panel to advance in US CongressDespite Republican infighting over spending cuts, a key congressional committee approved President Trump's tax-cut bill, advancing it to th...
US House speaker says Trump mega-bill still 'on track'Despite a setback in the Budget Committee, House Speaker Mike Johnson aims for a floor vote this week on President Trump's mega-bill, which...
US Congress adopts budget paving way for Trump's tax cutsThe US House passed a budget resolution, advancing President Trump's tax cut plans. This action allows Republicans in both the House and Se...
Trump signs a bill funding the government for 6 months, avoiding a shutdownPresident Donald Trump has signed legislation funding the government through September, preventing a partial shutdown. The bill keeps fundi...
Why would the US government shut down?A significant portion of the U.S. government could cease operations at midnight on March 14 if Congress fails to pass detailed spending leg...
Joe Biden expected to sign budget deal to raise debt ceilingPresident Joe Biden is expected to sign legislation on Saturday to raise the debt ceiling, just two days before the US Treasury warned that...
- US budget deficit to hit $1.5 trillion
A new estimate predicts the U.S. budget deficit will hit almost $1.5 trillion this year, a stunning new record.
- MLAs to use entire year’s funds before polls
When a new legislative assembly is constituted in Maharashtra in the first week of November, the newly-elected legislators may not have any...