President George W. Bush to call on Congress to be good stewards of tax dollars during his State of the Union Address in January 2006. He also promoted his administration's actions to slow the rate ...
Federal spending in Trump's first 100 days Despite President Trump's promises to cut government spending, the Treasury Department's daily financial reports reveal that the U.S. has spent about $220 billion more in Mr. Trump's first 100 days than during the same period in 2024. CBS News ...
Noah Bookbinder, president of the government ethics advocacy group Citizens for Responsibility and Ethics in Washington, stressed the importance of transparency from Musk and DOGE given his deep financial ties in the federal government. "Is he going to have an incentive to cut...
The court’s ruling was not just about President Nixon’s specific actions. It established an enduring principle that presidents cannot unilaterally override congressional spending decisions enacted into law. Congress further bolstered this principle when it passed the Congressional Budget and...
But after opposition from President-elect Donald Trump, that version of thebill was scrappedand the path forward was unclear. The new 116-page version of the federal spending bill released on Thursday was edited down from the original 1,547 pages, and still included the disaster relief funding...
The memo was first reported by CBS News. The move comes after Monday’s executive order accused former President Joe Biden of forcing “discrimination” programs into “virtually all aspects of the federal government” through “diversity, equity and inclusion” prog...
" Murray added. "We have a challenge that's been handed to us to have a reconciliation between the Senate budget and the House budget and those issues are all on the table and we'll be talking about all of them and our job is to make sure that we have put forward a spending path...
Trump has declared himself the final arbiter of government spending In some ways, the president and his campaign went farther than Project 2025 in asserting presidential power over federal purse strings. In his Agenda 47, Trump endorsed “impoundment.” That legal theory holds t...
Former President Donald Trump Former tells business leaders he'll lead a “national economic renaissance” by slashing regulations to boost energy production, drastically cutting government spending and reducing taxes for companies that produce in the US
The president’s preferred path to impose spending cuts quickly now has become clearer. Elon Musk, leading Trump’s new Department of Government Efficiency, has suggested he could find federal spending cuts measuring in the trillions, even as Trump has promised to protect Social Security and Medi...