Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls

Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.

Judge Questions Constitutionality of Musk’s DOGE Operation

The judge expressed concern over the unresolved issues about who is in charge of Elon Musk’s so-called Department of Government Efficiency, if it is not Mr. Musk, as the White House has claimed.

Markets and Corporate America Are Unfazed by Washington Chaos, for Now

The federal budget debate has big implications for the economy. Businesses are betting that tax cuts will be extended and the math will work out.

As the U.S. Exits Foreign Aid, Who Will Fill the Gap?

China could reap the soft-power advantage, but like Western governments, the country is cutting back on aid. Philanthropies say they cannot replace the United States.

Medicaid Cuts Pose Budget Conundrum for Valadao and Republicans Nationwide

For Representative David Valadao of California and other Republicans whose constituents depend on Medicaid, a vote for their party’s budget could be politically fatal. President Trump’s agenda hangs in the balance.