Hegseth Orders Pentagon to Draw Up Plans for Cuts
The defense secretary has told senior leaders to prepare to trim 8 percent from the budget over each of the next five years, officials said.
Federal Budget (US)
Trump Says Medicaid Won’t Be ‘Touched.’ That Would Make It Hard to Extend Tax Cuts.
The math doesn’t seem to work with the House budget proposal, and the president’s record shows a consistent openness to Medicaid cuts.
Here’s What to Know About Congressional Republicans’ Budget Plans
The Senate is debating a fiscal blueprint that would pave the way for part of President Trump’s domestic policy agenda, while the House is on a separate track.
Top Social Security Official Leaves After Musk Team Seeks Data Access
The departure of the acting commissioner is the latest backlash to the Department of Government Efficiency’s efforts to access sensitive data.
White House Budget Office Orders Pause in All Federal Loans and Grants
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to paralyze a vast swath of federal programs.
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
Musk Plan for Retooling Government Takes Shape, but Big Questions Loom
The rebranding of a former White House digital office into the new Department of Government Efficiency signals its potential limits, budget experts said.
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.
Ramaswamy Will Bow Out of DOGE and Run for Governor in Ohio
The billionaire decided he could not campaign while helping lead the so-called Department of Government Efficiency, but tensions with Elon Musk were also evident.
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.