Spending

Trump Calls for Primary Challenge Against Rep. Chip Roy Over Government Funding Dispute

President Donald Trump has publicly called for Republican Representative Chip Roy (TX) to face a primary challenge, accusing him of obstructing Republican efforts to secure a victory in the ongoing debate over a new continuing resolution (CR) to fund the government. Trump's comments come in the wake of the collapse of both the Democrats' and Mike Johnson’s government spending bill, which has led Congress to deliberate a new piece of legislation known as the “American Relief Act of 2024.” The bill seeks to prevent a government shutdown while addressing issues such as disaster relief for areas affected by Hurricanes Helene and Milton, as well as supporting farmers.

Trump Says Congress Should Abolish the Debt Ceiling

President-elect Donald Trump said in a phone interview with NBC News that Congress should abolish the debt ceiling.

Rand Paul Suggests Elon Musk Become House Speaker

Senator Rand Paul (R-KY) suggested that Elon Musk replace Rep. Mike Johnson (R-LA) as House Speaker.

Bipartisan Spending Plan Scrapped Amid Criticism from Trump, Musk, and House Republicans

The bipartisan federal spending plan championed by House Speaker Mike Johnson, R-La., has been abandoned following criticism from House Republicans, President-elect Donald Trump, and Tesla and X owner Elon Musk.

U.S. Healthcare Spending Reaches $4.9 Trillion in 2023

Healthcare spending in the United States surged by 7.5% to $4.9 trillion in 2023, driven by increased medical service use and rising enrollment in private health plans, according to a report from the Centers for Medicare and Medicaid Services (CMS).

Rep. Thomas Massie Breaks with Speaker Mike Johnson Over Controversial Spending Bill

Rep. Thomas Massie (R-KY) has become the first Republican to publicly announce he will not support Speaker Mike Johnson (R-LA) in the upcoming January speakership vote, following backlash over a massive spending bill released Tuesday evening. The bill, a 1,537-page continuing resolution (CR), has sparked outrage among conservative lawmakers, who argue it contradicts the mandate given by voters in the November elections.

DeSantis Defends Immigration Policy as Florida’s Economy Grows

Florida Governor Ron DeSantis pushed back against "false media narratives" about illegal immigration, following a report highlighting the state's economic growth.

Washington State Weighs One Percent Wealth Tax

Washington Governor Jay Inslee (D) proposed a wealth tax designed to increase the state's revenue.

Congress to Vote on New Restrictions for U.S. Investments in China

Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.

Trump’s Tariffs Won’t Fuel Inflation, Says Trade Advisor Peter Navarro

Incoming trade advisor Peter Navarro has reassured Americans that the tariffs planned for President-Elect Donald Trump's next term will not lead to inflationary pressures. Speaking with CNBC, Navarro pointed to the significant tariffs imposed on Chinese imports during Trump’s previous term, such as steel, aluminum, dishwashers, and solar panels. Despite fears that these tariffs would drive up prices, Navarro emphasized that they had no discernible impact on inflation. He also dismissed past warnings about inflation, recalling how critics had predicted economic chaos during Trump’s first term, only to see those fears prove unfounded.

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