Trump, Powell and Fed
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The recent passage of the megabill is already providing both sides ammunition for the political battles ahead.
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WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the projection that takes into account the final tweaks that Republicans made before getting the legislation over the finish line.
Starting next summer, graduate borrowers can only take out direct loans that have a lower borrowing cap. These are the new limits for graduate school borrowing: For graduate students: up to $20,500 per year; $100,000 total. For professional and medical students: up to $50,000 per year; $200,000 total.
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'There's A Lot Of Middle Ground Here': Lisa Murkowski Stands Up To Trump, Opposes His Disastrous Budget Cuts During Powerful Remarks In Senate HearingDuring her remarks in a Senate hearing this week, Senator Lisa Murkowski stood up to the Trump Administration's disastrous budget cuts. Murkowski stated, "There's a lot of middle ground here."
Nine hospitals in rural Tennessee are "at-risk" of closing, according to a reputable center for health services research.
Planned Parenthood closed 5 California clinics after Medicaid cuts, ending key services and impacting over 22,000 mostly Medi-Cal patients.
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The Mirror US on MSNNASA slashes workforce by 20% as Trump cuts space agency's budgetAround 3,870 individuals are expected to depart the agency but that number could change in the coming days, a NASA spokesperson said on Friday
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Could Trump budget cuts hurt WA wildfire fighting efforts? We asked an expertThe dispute over the State, Private and Tribal Forestry funding could leave the Washington Natural Resources Department without $20 million in expected funding for its firefighting efforts. According to Whitney, if the funds aren’t released, it would impact the state agency’s 2026 budget.
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Paul Lisnek on Chicago’s $1.2B budget gap, Trump’s handling of the Epstein files and moreWGN Political Analyst Paul Lisnek joined WGN Evening News to discuss several big political stories from the week.
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How Trump's budget law will impact green energy in the U.S.President Trump says his administration is pursuing a "future of all-out American energy dominance." But what does the president's new budget law mean for green energy? Environmentalist and clean energy expert Albert Gore III joins "The Takeout" with his perspective.
The restrooms may be clean (for now), but a former administrator sees an erasure of history and scientific research and situations that may pose a “direct hazard to the general public.”
Lawmakers from both parties have so far rejected steep cuts to the National Oceanic and Atmospheric Administration (NOAA) proposed by the Trump administration.