Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
It Is Happening Every Day, Every Where
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
Senate Republicans are hoping to ice Democrats out from deciding the fate of President Trump’s 2017 tax cuts, a move that Democrats could eventually use against them.
With Republicans driving toward a vote on their tax and spending cut blueprint, Democrats plan to force them to cast politically painful votes on every element of President Trump’s agenda.
Senate G.O.P. leaders are planning to use what is known as the “nuclear option” to steer around the Senate’s in-house referee and allow the use of a gimmick that makes trillions of dollars in tax cuts appear to be free.
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.
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.
The math doesn’t seem to work with the House budget proposal, and the president’s record shows a consistent openness to Medicaid cuts.
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.
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.
Tariffs and tax cuts amid high interest rates and lingering inflation will pose a test for the U.S. economy.