Feb 20, 2025 · The Pentagon has proposed cutting 8% of its budget in each of the next five years — amounting to some $50 billion each year — but prioritized 17 areas from drones and …

Feb 20, 2025 · Defense Secretary Pete Hegseth is directing Pentagon agencies and the military to cut their budgets by 8 percent as part of a dramatic realignment of defense spending to …

Feb 12, 2025 · The budget resolution does not ever explicitly state there will be an $880 billion cut to Medicaid. House Republicans are enabling the Energy and Commerce Committee to decide …

1 day ago · Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax …

Feb 20, 2025 · Defense Secretary Pete Hegseth has directed the military services to identify $50 billion in programs that could be cut next year in order to redirect those savings to fund …

Feb 19, 2025 · Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years, with an exception for border security, …

Feb 20, 2025 · Defense Secretary Pete Hegseth proposes 8% annual cuts to the defense budget, targeting DEI initiatives and climate programs. The move could spark controversy in Congress.

Many provisions of President Trump’s signature Tax Cuts and Jobs Act from 2017 are set to expire at the end of 2025. Three economists break down the fiscal impact of the cuts for …

Feb 22, 2025 · The Defense Department is aiming to cut 5% to 8% of its civilian workforce, it announced Friday, potentially eliminating tens of thousands of jobs from the sprawling …

2 days ago · Friesen, who was appointed by Stitt in January 2024, said the agency will likely ask for a larger budget request for fiscal year 2026 than it has ever had, but it is unlikely it will get …