Trump Touts 'Incredible' Tariff Strategy After Congressional Budget Office Projects $4 Trillion Deficit Cut, Even As Economists Warn Of Slower Growth

benzinga.com, Biztoc.com

On Friday, President Donald Trump celebrated a Congressional Budget Office report projecting that his sweeping tariffs will reduce U.S. deficits by $4 trillion over the next decade, even as analysts caution the levies could weigh on economic growth and face l…

CBO Confirms Trump Budget Law Will Trigger Over $500 Billion in Automatic Medicare Cuts

Yves Smith, Nakedcapitalism.com

Tax breaks for billionaires are set to force over half a trillion dollars in Medicare cuts.

PBS is slashing its budget in response to Trump’s attack on public media

Charles Pulliam-Moore, The Verge

Now that Congress has passed a bill that will defund the Corporation for Public Broadcasting, PBS is taking drastic measures to stay alive. In an email sent out to PBS station managers on Wednesday, PBS president and CEO Paula Kerger announced that the organi…

NASA Budget Cuts Could Halt Space Missions, Climate Research, Experts Warn

Rachel Feltman, Lee Billings, Fonda Mwangi, Alex Sugiura, Jeffery DelViscio, Scientific American

NASA faces historic budget cuts that could shutter missions and stall vital research, prompting a bipartisan outcry from all of the agency’s living former science chiefs.

Corporation for Public Broadcasting announces it will shut down after Trump, Congress cut funding

Yahoo Entertainment

ICE’s Mind-Bogglingly Massive Blank Check

Caitlin Dickerson, The Atlantic

Congress has appropriated billions with few strings attached, creating a likely windfall for well-connected firms.

Artemis 2 astronauts stress importance of their moon mission as NASA faces budget, workforce cuts: 'We have to move the needle.'

brett.tingley@futurenet.com (Brett Tingley) , Brett Tingley, Space.com

NASA's next moon astronauts underscored the importance of their upcoming Artemis 2 mission despite a turbulent time for the space agency full of budget cuts and workforce reductions.

'NASA is under attack.' Space agency employees and lawmakers protest mass layoffs, science cuts amid budget turmoil

jdinner@space.com (Josh Dinner) , Josh Dinner, Space.com

NASA employees and allies protested sweeping science cuts they say are gutting the agency from within. As Congress pushes back on NASA leadership, workers warn the damage is already underway — and the future of U.S. space exploration is at risk.

Schools face uncertainty with budget cuts, but some welcome funding reevaluation

Aidan Gellert, Arthur Jones II, ABC News

As a new school year approaches, multiple school systems around the country told ABC News that a Department of Education funding freeze is causing confusion.

A Test Case for Future Funding Cuts

The Editors, The Atlantic

Panelists joined to discuss Trump’s request to cancel $9 billion in already-approved federal funding.

Week in Politics: Trump claws back $9B from public broadcasting and foreign aid

Scott Simon, NPR

President Trump celebrated another legislative win, clawing back $9 billion from public broadcasting and foreign aid. And the fallout continues over the administration's handling of the Epstein case.

NASA workers plan 'Moon Day' protest on July 20 to oppose mass layoffs, budget cuts. 'This year has been an utter nightmare that has not stopped.'

jdinner@space.com (Josh Dinner) , Josh Dinner, Space.com

Workers from within NASA will protest the space agency leadership's "preemptive over-compliance" of the White House's proposed budget, gutting science and eliminating jobs.

Senate approves cuts to NPR, PBS and foreign aid programs

Scott Neuman, NPR

The Senate voted to approve a $9 billion rescission package aimed at clawing back money already allocated for public radio and television.

Senate set to debate cuts to NPR, PBS and foreign aid

Scott Neuman, NPR

The Senate voted by a razor-thin margin late Tuesday to advance debate on a package of funding cuts requested by President Trump that would claw back $1.1 billion previously allocated to the Corporation for Public Broadcasting.

The White House Has a Plan for All That Foreign Food Aid That DOGE Cut: Burn It

Lucas Ropek, Gizmodo.com

Is burning nearly a $1 million of food that you already bought a good example of "government efficiency"?

An Iconic NASA Probe Is at Threat of Being Shut Down Due to Trump Cuts

Passant Rabie, Gizmodo.com

If it weren't for the new budget, New Horizons could keep exploring the outer reaches of the solar system into the 2030s.

AI Weather Forecasts Missed the Texas Floods, and Trump NOAA Cuts Will Stymie Research

Chelsea Harvey, E&E News, Politicopro.com

The Trump administration wants to reduce the National Oceanic and Atmospheric Administration’s budget by $2.2 billion, eliminating research that might help advance AI weather models

A Recession Could Be Hiding in Plain Sight. Here’s the Best Advice to Prepare

Katherine Watt, CNET

Economic crises, like a recession, are unpredictable by nature. Staying prepared is the best way to protect your finances.

Analysis-Trump administration leaves Congress in dark on spending decisions

Yahoo Entertainment

Van Orden Draws Protests And A New Sugar Daddy

Chris capper Liebenthal, Crooksandliars.com

Immediately after Trump signed the Offensive Big Bag of Bullshit, Rep Drunken Van Orden started staggering around and telling people - between swigs of booze - lies about how great the OBBB was and portraying himself as some kind of hero. This spurred his con…

What we know so far about how federal job cuts could play out

Juliana Kaplan,Ayelet Sheffey, Business Insider

Federal agencies could choose to fire workers en masse or offer options like buyouts. Here's what we know about how and when it could happen.

How Trump's budget cuts could affect 2 iconic space telescopes: Hubble and James Webb

Monisha Ravisetti, Space.com

At the 246th American Astronomical Society meeting in Alaska last month, scientists discussed how Trump's budget cuts could affect operations for the Hubble Space Telescope and JWST.

Student Loan Repayment Plans Will Last as Long as Most Mortgages. How Much the New Budget Bill Will Cost You

Rebecca Safier, CNET

Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President Trump's "Big Beautiful Bill" is law.

Trump claims victory as he signs controversial budget and tax bill into law

Al Jazeera Staff, Al Jazeera English

The bill extends tax cuts, slices welfare programmes and surges immigration funds in a victory for Trump's agenda.