Topic
Federal budget
60 stories related to this topic, newest first.
Washington Examinerpolitics2 days ago
Supreme Court Justices Kagan and Barrett Scheduled to Testify on July 14
Justices Elena Kagan and Amy Coney Barrett will appear before House and Senate appropriators to discuss the Supreme Court's fiscal 2027 budget request. The hearings mark the first testimony by sitting justices before congressional appropriators since 2019.
The Guardianscience5 days ago
National Park Service lost 25% of permanent staff since 2025
The agency recorded 323 million visits in 2025 while facing a 70% drop in project spending outside Washington and a $24 billion maintenance backlog. Yosemite and other parks reported traffic jams, illegal parking, and reduced services during peak summer weekends.
cnbc.compolitics8 days ago
OMB Director Testifies on USAID Cuts at House Hearing
The director of the Office of Management and Budget testified before the House Committee on Appropriations on Tuesday. A Democratic lawmaker questioned him about studies linking aid reductions to deaths overseas. The exchange included references to specific cases and differing in…
rte.ieai10 days ago
U.S. Science Agency Head Oversees AI and Quantum Programs
Darío Gil leads programs in artificial intelligence and quantum science at a time when the Trump administration seeks to reduce federal science spending. The programs fall into categories the administration has identified as priorities.
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politics10 days ago
Social Security trust fund projected to run out by 2032, prompting new reform proposals
New projections show the trust fund will be depleted six years earlier than prior estimates, triggering automatic benefit reductions unless Congress acts. Lawmakers have introduced measures to increase revenue or limit payments to higher-income recipients.
Nprworld11 days ago
U.S. to Cap Graduate Federal Loans at $20,500 Yearly Starting July 1 Despite Partial Court Block
The Education Department will enforce annual and lifetime limits on graduate student borrowing next month after Congress ended the Grad PLUS program. The policy change seeks to restrain college prices, though economists differ on its likely effect.
The Hillpolitics16 days ago
GOP senator circulates plan to avoid government shutdown before Trump meeting
Sen. Rick Scott is circulating a proposal among Senate Republicans to pass a continuing resolution that would keep government funding at current levels through the November midterm elections. The plan is intended for discussion when President Trump meets with GOP senators on Wedn…
The Guardianpolitics20 days ago
Government Proposes 50% Cut to NDIS Social Participation Budgets
The federal government introduced a plan last month to halve social and community participation funding for NDIS participants, aiming to save $13.2 billion by June 2030. The changes would affect programs used by people with Down’s syndrome and other disabilities.
michaelwest.com.aupolitics20 days ago
Senate NDIS Inquiry Delayed Again as Government Savings Target and Reform Concerns Both Rise
A second postponement of the Senate inquiry into Labor’s NDIS overhaul has put $17 billion in projected savings at risk and left the government short of Senate support.
abcnews.go.compolitics22 days ago
House Panel Advances Measure to Raise Federal Loan Limits for Nursing Degrees
A House Appropriations Committee amendment would increase borrowing limits for advanced nursing degrees above the $100,000 cap set by last year’s legislation. The change would take effect no earlier than October if included in the final budget.
The Hillworld22 days ago
Ex-Social Security Chief Calls for Raising Payroll Tax Cap as One Option to Address Shortfall
Former Commissioner Martin O’Malley said raising the earnings cap would address the program’s projected shortfall. A trustees’ report moved the depletion date to late 2032.
The Sydney Morning Heraldpolitics23 days ago
Poll Shows Mixed Support for Taylor’s Welfare, Immigration and Tax Proposals
A Resolve Political Monitor survey found 48 per cent support for limiting welfare to citizens and permanent residents and 42 per cent support for linking immigration to housing completions.
disabilityscoop.comworld24 days ago
Social Security Faces Shortfall Requiring Benefit Cuts and Tax Increases
An opinion column states that restoring long-term balance to Social Security will require reductions in benefits and increases in payroll taxes. The column presents these measures as necessary steps rather than alternatives.
joemygod.comworld24 days ago
Social Security Trust Fund Projected to Pay 78 Percent of Benefits After 2032 Depletion Date
The 2026 trustees report moved the depletion date forward and lowered the percentage of scheduled benefits payable after reserves run out. More than 56 million Americans receive monthly payments from the fund.
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Semaforpolitics27 days ago
Lawmakers Question Third Party-Line Spending Bill
Republican senators expressed doubt about passing another party-line spending bill that would include $350 billion for defense and voter ID rules. Senate leaders said the measure lacks enough support to reach 50 votes.
Reasonpolitics27 days ago
State Department Signs Agreement With UFC for Sports Diplomacy Programs
The State Department signed a memorandum of understanding with UFC to include mixed martial arts in existing cultural exchange activities. The bureau that runs these programs has faced proposed budget cuts since January.
theyeshivaworld.compolitics28 days ago
Social Security Trustees Lower Long-Run Fertility Projection to 1.75, Move Trust Fund Exhaustion Date to 2032
The annual trustees report lowered the assumed total fertility rate and widened the 75-year solvency gap, with half the deterioration tied to the fertility change.
cnet.compolitics29 days ago
Social Security Trust Fund Projected to Deplete in Six Years
The program's main trust fund is on track to run out within six years. Officials have not announced any changes to benefits or funding.
ABC Newspolitics29 days ago
Social Security Retirement Trust Fund Projected to Deplete in 2032
An annual trustees report released Tuesday moved the projected depletion date for Social Security's main retirement fund forward by one year to 2032. Medicare's hospital insurance trust fund remains on track to exhaust reserves in 2033.
Los Angeles Timesbusiness29 days ago
Social Security Retirement Trust Fund Solvent Until 2032, Trustees Report
An annual trustees report released Tuesday moved the projected depletion date for Social Security's retirement trust fund forward one year to 2032. Medicare's hospital insurance trust fund remains on track to exhaust reserves in 2033.
theyeshivaworld.comworld29 days ago
Social Security Trustees Project 22% Benefit Reduction After Trust Fund Depletion in 2032; 78% of Benefits Continue
The program's Old-Age and Survivors Insurance fund is now expected to run out one year earlier than last year's forecast. Beneficiaries would receive 78 percent of scheduled payments after that date.
nbcnews.compolitics32 days ago
Problem Solvers Caucus Co-Chairs Oppose President’s $1.8 Billion Anti-Weaponization Fund
Republican Rep. Brian Fitzpatrick and Democratic Rep. Tom Suozzi appeared on CNN June 7 to outline bipartisan opposition to the President's proposed allocation.
Washington Examinerpolitics35 days ago
Treasury Secretary to Testify on Proposed Budget Before House Committee
Treasury Secretary Scott Bessent will appear before the House Ways and Means Committee on Thursday for a second day of testimony on President Donald Trump's proposed budget. The hearing follows his Wednesday appearance before the Senate Finance Committee.
foxnews.compolitics35 days ago
Senate Republicans Remove $1 Billion Ballroom Security Provision From Budget Bill
Senate Republicans withdrew a $1 billion funding request for security enhancements at a proposed White House ballroom from a revised budget reconciliation bill. The change was formalized in updated text released by the Senate Judiciary Committee on Wednesday.
ksl.compolitics35 days ago
Senate Approves $70B for Immigration Enforcement
Senate Republicans voted Wednesday to open debate on a $72 billion reconciliation package that funds immigration enforcement agencies through fiscal year 2029. The measure follows a mid-May delay and comes after the administration dropped plans for a compensation fund.
Washington Examinerpolitics36 days ago
Secretary of State to Testify on Fiscal 2027 Budget Before Two Congressional Committees
Secretary of State Marco Rubio will appear before the House Foreign Affairs Committee at 10 a.m. and the Senate Appropriations Subcommittee at 3 p.m. on Wednesday to discuss the State Department's proposed budget.
reviewjournal.comscience36 days ago
Trump Budget Reduces CDC Wastewater Surveillance Funding From $125M to $25M Annually
President Donald Trump's budget plan reduces annual funding for the CDC's National Wastewater Surveillance System from $125 million to $25 million, limiting national coverage after September 30, 2026.
foxnews.compolitics36 days ago
Federal Court Awards Trump $1.8B After IRS Illegal Tax Return Leak
The Justice Department said Tuesday it will not create the fund that had been intended to compensate allies of the president. Officials also confirmed the administration will keep a separate agreement that ended IRS audits of the president.
foxnews.compolitics36 days ago
Some Republicans Object to White House Security Funds and Anti-Weaponization Settlement
Republican lawmakers have raised objections to a proposed $1 billion security package for a new White House ballroom and to a $1.8 billion settlement fund for claims of government weaponization. The disputes have delayed a separate $72 billion immigration enforcement funding meas…
Washington Examinerscience37 days ago
NSF Ends Decade-Long Ocean Observatories Initiative After Collecting Intended Dataset
The agency will recover equipment from four ocean arrays over the next 15 months after an 80 percent funding cut. Real-time data collection will end at the affected sites while archived records remain available.
nbcnews.compolitics38 days ago
Senate Democrats Block $1.8B IRS Tax-Leak Settlement
Senate Democratic Leader Chuck Schumer announced a coordinated effort to eliminate the Trump administration's proposed $1.776 billion anti-weaponization fund. A federal judge issued a temporary block on the fund Friday pending a hearing later this month.
forbes.compolitics38 days ago
U.S. Treasury 10-Year Yield Reaches 4.44 Percent
Interest rates on U.S. government debt have risen since the end of February. Mortgage rates reached nine-month highs and auto sales declined. Economists link the moves to higher inflation expectations and continued large budget deficits.
foxnews.compolitics39 days ago
Senate Republicans Face June 1 Deadline on Immigration Funding Package
Senate Republicans have 53 session days before November midterms and must address immigration enforcement funding and voter identification rules. A second reconciliation package will miss President Trump's June 1 deadline after the Senate parliamentarian struck four provisions.
world39 days ago
Redbridge Poll: One Nation at 31%, Labor 28%, Coalition 20% on Primary Vote
A Redbridge poll published Sunday night found One Nation at 31 per cent of the primary vote, ahead of Labor at 28 per cent and the Coalition at 20 per cent. Assessments of the federal budget were broadly negative across demographics.
fortune.comfinance41 days ago
House Republicans stall on immigration enforcement funding bill
A roughly $70 billion measure to fund immigration enforcement through the end of President Donald Trump's term stalled in the House. Progress halted over White House ballroom security funding and a proposed $1.8 billion fund for government-mistreatment claims.
The Sydney Morning Heraldbusiness41 days ago
Western Australia Private Rental Construction Rises $8 Billion
A Perth property expert said changes to negative gearing could shift investor spending toward new rental housing. The same expert warned that planning delays and costs could limit the effect of the policy shift.
tass.compolitics42 days ago
Trump Administration Budget Allocates No Funds for Homeless Veterans Housing
The federal budget for the current fiscal year contains no dedicated funding for housing homeless veterans. Veteran organizations had expected an executive order to increase resources for this purpose.
techjuice.pkworld43 days ago
White House official says refugee programs cost hundreds of billions
A White House official stated that refugee resettlement programs have cost hundreds of billions of dollars. The official said tightening eligibility rules could help reduce the federal deficit, which stands at $1.8 trillion.
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msnbc.compolitics43 days ago
Senate postpones vote on $70 billion budget package
Republican senators postponed action on a roughly $70 billion budget package that includes funding for immigration enforcement. The delay followed objections to a proposed $1.776 billion compensation fund and a separate $1 billion security allocation.
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thehindubusinessline.comfinance45 days ago
U.S. Debt Interest Projected to Reach 30 Percent of Revenue by 2036
A projection shows annual interest payments on U.S. public debt rising to 30 percent of government revenue by 2036 if the 10-year Treasury yield averages 4.70 percent. The same scenario would push net interest costs to 5.3 percent of GDP.
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salon.comworld46 days ago
Republicans have not defunded Planned Parenthood despite prior pledges
A commentary piece states that Republicans have not ended federal funding for Planned Parenthood. The author argues that pro-life voters may reduce turnout in the November midterms if the issue remains unaddressed.
The Sydney Morning Heraldworld46 days ago
Bob Katter Discusses Mining Expansion and Women's Workforce Participation in Budget Interview
Independent MP Bob Katter spoke with podcaster Victoria Devine about mining policy and family finances during coverage of the federal budget. Katter stated that expanded mining would allow women to stay home and raise children. Devine noted rising numbers of fathers taking parent…
finance46 days ago
Australian Government Defends Tax Changes After Young Voters Protest
The Labor government is facing criticism over budget measures that expand the capital gains tax discount to shares and other assets. Ministers have described complaints as scare campaigns while young investors seek clarification on how the rules apply.
politics46 days ago
Senate postpones vote on $70 billion budget package
Republican senators blocked action on a spending bill that would fund immigration enforcement through 2029. Voting was delayed until next month, missing a June 1 deadline. The measure includes nearly $1.8 billion for an anti-weaponization compensation fund.
Forbespolitics48 days agoUpdated
Senate Delays Vote on $72 Billion Immigration Enforcement Bill Until June
Senate Republicans postponed action on a reconciliation package funding immigration enforcement agencies after internal debate over a proposed $1.8 billion Anti-Weaponization Fund. The chamber will recess for Memorial Day without sending the measure to President Trump by his June…
world48 days ago
Australian Government Announces Budget Measures
The Albanese government encountered criticism after releasing its budget, with opponents highlighting broken promises and changes to capital gains tax rules. Social media activity and statements from business groups amplified objections to the measures.
axios.compolitics48 days ago
Senate Republicans Delay Reconciliation Vote on DHS Funding Package
Senate Republicans postponed a vote on a $72 billion reconciliation package for Department of Homeland Security immigration agencies. Opposition focused on a new Justice Department fund and security funding for White House ballroom renovations.
Washington Examinerpolitics49 days ago
U.S. Government Debt Reached $37.6 Trillion in Fiscal 2025
Total federal debt stood at $37.6 trillion in fiscal 2025, equal to 124 percent of GDP. Annual interest payments reached $970 billion that year.
thoughtcatalog.compolitics49 days ago
New York City Mayor Responds to Jeff Bezos Tax Comments
Mayor Zohran Kwame Mamdani posted a reply to a video clip of Jeff Bezos discussing federal taxes. The exchange centers on whether higher taxes on wealthy individuals would affect public services in New York City.
world49 days ago
Australian Government Announces Tax Reform Proposals
The government is encountering criticism over proposed changes to investment taxes. Officials are working to address concerns from business owners and investors while defending the measures.
news24.comfinance49 days ago
U.S. Treasury Projects $2 Trillion Federal Budget Deficit for Fiscal Year 2026
The Treasury Department and bond market participants project a federal budget deficit of about $2 trillion for fiscal year 2026. The figure exceeds the Congressional Budget Office estimate issued in February and the $1.8 trillion deficit recorded in the prior fiscal year.
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Fox Newspolitics49 days ago
Senate Bill Would Automatically Extend Funding to Avoid Shutdowns
Sens. James Lankford and Maggie Hassan introduced legislation that would extend government funding for 14 days during any lapse and restrict lawmakers' travel and recesses. The measure follows a recent Senate rule change that withholds pay from senators during shutdowns.
Forbesfinance49 days agoUpdated
Jeff Bezos Calls for Zero Federal Income Tax on Bottom Half of Earners
Amazon executive chairman Jeff Bezos said the bottom half of U.S. earners should pay no federal income tax. He argued the change would help lower-income workers and said he would discuss the idea with officials.
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tass.compolitics50 days ago
Australian Budget Changes Investor Tax Rules for Property Purchases
The Australian government limited negative gearing and adjusted capital gains tax for new property investments in its most recent budget. Economists forecast a short-term national decline in home values, the first since 2022. Treasury estimates the measures will allow about 75,00…
world50 days ago
Coalition Plans Campaign to Support Small Businesses After Budget Changes
Shadow Treasurer Tim Wilson will announce the 'Stand with Small' campaign in a National Press Club speech. The move follows business criticism of government capital gains tax changes.
680news.compolitics50 days ago
Acting Attorney General Defends $1.776 Billion Fund for Alleged Political Targeting
Acting Attorney General Todd Blanche testified before a Senate subcommittee on Tuesday about a new fund to compensate individuals who believe they were targeted politically. The hearing also addressed an expanded settlement shielding President Trump from certain IRS actions.
world52 days ago
Government Plans to Cut Private Health Insurance Rebates for Older Australians
The federal government announced plans to reduce private health insurance rebates for people over 65, aligning them with rates for younger Australians. Officials said the change would save about $3 billion over the forward estimates and fund additional aged care services.
Fox Newspolitics53 days ago
Senate Parliamentarian Rejects $1 Billion White House Security Funding
The Senate parliamentarian ruled that $1 billion in proposed security funding tied to the White House ballroom project cannot be included in a budget reconciliation bill. Republicans said they will revise the measure while Democrats vowed to challenge any changes.
washingtonpost.compolitics54 days ago
Australian Government Announces Changes to Negative Gearing and Capital Gains Tax
The federal government has introduced tax reforms limiting negative gearing on existing properties to new builds, adjusting the capital gains tax concession and applying a 30 per cent minimum tax rate to capital gains and family trusts. The measures, announced in the budget on Tu…
cnet.compolitics54 days ago
PSLF Buyback Backlog Stands at 88,000 After Education Department Processes 6,870 Applications in April
The Trump administration released updated PSLF Buyback statistics in a court filing on Wednesday, showing the first decline in the application backlog. The Education Department processed more requests than it received last month while identifying nearly 20,000 duplicate submissio…
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