Trump Slaps 25% Tariff on All Auto Imports
President Trump announced on Wednesday that he will impose a 25% tariff on foreign-made cars and light trucks starting on April 2, adding to the...
House and Senate Republicans Race to Resolve Differences Over Trump Agenda
House Republican leaders are calling on the Senate to take up their plan to quickly pass President Donald Trump’s agenda in “one big, beautiful bill.”...
Extending Trump Tax Cuts Would Explode the Debt by Almost 50%: CBO
Permanently extending the 2017 tax cuts as Republicans want to do would result in significantly higher budget deficits over the coming decade and...
Trump Orders Dismantling of Education Department
President Donald Trump signed an executive order on Thursday authorizing a radical reduction in the Department of Education, partially fulfilling a...
IRS Has Spent Just $9 Billion of Its Biden-Era Funding Boost: Report
Three years ago, Congress provided the IRS with billions in extra funding to revitalize the agency, but that vast majority of that money has either...
Economic Growth Projections Slashed Amid Trump’s Tariff Turmoil
President Donald Trump’s effort to raise tariffs on trading partners around the world will reduce global trade and raise inflation if the levies stay...
Why DOGE Might Cost More Than It Saves
The Trump administration’s DOGE cost-cutting effort led by tech mogul Elon Musk claims to have saved more than $100 billion so far, largely through...
Trump Threatens 200% Retaliatory Tariff on EU Wine and Spirits
President Trump pushed ahead in his rapidly escalating trade war Thursday as he threatened to impose a 200% tariff on wine and spirits from the...
Canada and Europe Retaliate as Trump’s Trade War Heats Up
President Trump’s new 25% tariffs on all steel and aluminum imported into the United States took effect Wednesday, raising the stakes in what some...
Trump Threatens Major New Tariffs on Canada, Then Backs Down
Despite a stock market reeling from a rapidly escalating trade war and growing worries about stumbling into an avoidable recession, President Trump on...