United States President Donald Trump said the "big beautiful bill" that is currently in the works could be "bigger than tariffs."The president praised the US Senate Majority Leader John Thune for his work on the legislation, adding that the Democrats are "trying to stop it at every turn," warning it would...
Elon Musk announced on Thursday that the Department of Government Efficiency (DOGE) can cut federal expenditure by 15% while maintaining all essential government operations."At a high level, we want to reduce the spending by eliminating waste and reduce the spending by 15%. The...
United States House Speaker Mike Johnson said he felt optimistic after meeting with Senate Republican Leader John Thune on budget reconciliation.
Johnson told reporters that the House and Senate are becoming more aligned on spending cuts, and he believes the two chambers are "getting very...
US President Donald Trump is actively reaching out on Monday to lawmakers who might oppose a plan designed to prevent a government shutdown by the week's end, Fox News reported, citing a White House official.Insiders have reported that Trump's team is contacting Capitol Hill in anticipation of a...
German Finance Minister Christian Lindner stated on Thursday that the government intends to introduce a supplementary budget for 2023 on Wednesday.
"There is now new legal clarity on how we have to deal with special assets and emergency loans," said Lindner. "We will now put...
The Biden administration is getting ready to request an additional $50 billion from Congress that it aims to allocate for domestic issues, The Washington Post reported on Tuesday, citing two anonymous insiders briefed on the plans.
Natural disasters, high-speed internet, childcare, the Federal...
The advertisement spending that is expected to be used during the 2023-2024 election cycle in the United States will reach a record of $10.2 billion, AdImpact revealed on Tuesday.
According to the company responsible for tracking and analyzing political advertising data, this amount exceeds by...
United States President Joe Biden and lawmakers are discussing the congressional passage of the "bipartisan budget agreement" he reached over the weekend with House of Representatives Speaker Kevin McCarthy, a White House official told US media. Biden "continues to be updated multiple times...
The White House and congressional Republicans have almost finished negotiations on government spending, which is thought to be the main hurdle to a comprehensive agreement to finally raise the borrowing limit, Politico reported on Friday, citing an unnamed source briefed on the discussions.
The...
United States President Joe Biden pointed out on Thursday that the country's two major political parties are negotiating the nation's budget, rather than a potential default and that the sides have "competing visions for America." He revealed that he proposed a more than $1 trillion spending cut and a...
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