Economy & Finance
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Trump’s latest spending defense springs a leak
CK Smith, Salon
Trump claims Obama and Biden spent "hundreds of millions" on similar renovations, but records show otherwise
May 31, 2026, 7:30 PM

Violent Crime In The US Is At Record Lows, But The DOJ Is Eliminating The Funding That Helped Reduce Crime
Andrea Hagan, Techdirt
This article is republished from The Conversation under a Creative Commons license. Read the original article. The United States is experiencing one of the steepest declines in violent crime in modern history, including a murder rate at its lowest point in mo…
May 28, 2026, 10:07 PM

NPR Flubs Its Recovery From Brutal Republican Funding Attacks
Karl Bode, Techdirt
NPR is imposing a new round of buyouts and layoffs as it tries to survive the brutal Trump GOP attacks on public broadcasting. According to NPR, it’s being forced to trim $8 million of its $300-million annual budget because of the illegal (for whatever that w…
May 26, 2026, 12:30 PM
The White House wants to eliminate housing funds. Republicans aren’t having it.
Cassandra Dumay, Politico
The presidential budget put GOP lawmakers in an awkward position.
May 23, 2026, 4:00 PM

Republicans eyeing restrictions on Trump's 'Anti-Weaponization Fund': Sources
Allison Pecorin, Abcnews.com
President Trump’s new "anti-weaponization fund" and ballroom project may both get pushback from Senate Republicans in the yet-to-be-released updated version of the bill.
May 21, 2026, 4:30 PM
Why Shouldn’t Yields Rise?
Menzie Chinn, Econbrowser.com
Friday’s jump in 10 year Treasury yields (10 bps), and the 30 year yield nearing 5% alarmed markets. But why? Debt and the debt trajectory are up. Fed Chair Designate Warsh wants to shrink the Fed balance sheet, even as Trump continues his assault on Fed inde…
May 17, 2026, 5:11 PM

Federal funding for Trump ballroom in trouble after Senate ruling
Al Jazeera, Al Jazeera English
Republicans seek to allocate $1bn in public funds for Secret Service security upgrades linked to the plans.
May 17, 2026, 8:37 AM

Senate parliamentarian nixes Trump’s ballroom fund in budget bill
Frank Thorp V, Kyla Guilfoil, NBC News
A GOP bill seeking $1 billion for the Secret Service to help finance President Donald Trump’s White House ballroom is in jeopardy as it faces pushback from a top Senate official.
May 17, 2026, 4:16 AM

Breakdown of $1 billion request for Trump's White House ballroom project
Lalee Ibssa, Emily Chang, Allison Pecorin, Abcnews.com
Here's a closer look at the $1 billion request for President Trump's White House ballroom project.
May 13, 2026, 6:40 PM
Sen. Mark Kelly says Pentagon's $1.5 trillion budget request is "outrageous"
Kaia Hubbard, CBS News
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
May 10, 2026, 5:09 PM

Hegseth Shredded For Wanting To Waste, Defraud And Abuse Taxpayers Out Of $1.5 Trillion
Brad Reed, Crooksandliars.com
US Defense Secretary Pete Hegseth drew instant ridicule on Thursday after he released a video touting President Donald Trump’s proposed $1.5 trillion military budget as a fiscally responsible plan that is “putting the American taxpayer first.” At the start of…
May 9, 2026, 10:30 PM

9 rumors about Trump's White House ballroom project we've investigated
Rae Deng, Snopes.com
In May 2026, Republicans proposed spending $1 billion in taxpayer funds on the ballroom's security infrastructure.
May 9, 2026, 6:00 PM

Trump’s $1.5 trillion military budget may be a solution in search of a problem
Russell Payne, Salon
Trump's proposed military spending surge could come at the cost of future healthcare funding
May 8, 2026, 10:30 AM
US debt hits $31.26 trillion, exceeds annual GDP
Ellsworth Toohey, Boing Boing
The last two times the United States owed more than its annual economic output, the country was either fighting a world war or shutting down due to a pandemic. As of March, it's happened again — this time without an emergency to point to. — Read the rest The…
May 7, 2026, 7:58 PM
‘Still incomplete': Key questions unanswered on New York state budget
Jimmy Vielkind, Gothamist
Gov. Hochul announcing her “general agreement” with state lawmakers, which aggravated Assembly Speaker Carl Heastie. Gov. Kathy Hochul says the pied-à-terre tax's implementation is still being figured out. [ more › ]
May 7, 2026, 7:56 PM

Senate Republicans Want $1 Billion in Taxpayer Dollars to Secure Trump Ballroom
Charisma Madarang, Rolling Stone
Senate Republicans proposed setting aside $1 billion in taxpayer funding for security upgrades to President Trump’s White House ballroom project.
May 6, 2026, 2:55 AM

GOP aims to secure $1B for security-related aspects of White House ballroom project
Steven Portnoy, Allison Pecorin, Abcnews.com
The request comes as part of a $70 billion immigration enforcement package.
May 5, 2026, 6:17 PM
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 3, 2026
CBS News
The following is the transcript of the interview with White House National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.
May 3, 2026, 4:15 PM
Opinion - Fresh off the heights of Artemis II, Trump wants a lower NASA budget
Mark R. Whittington, opinion contributor, The Hill
The emotional response to Artemis II is to want to increase all NASA funding, not to slash it.
May 3, 2026, 2:00 PM

US Congress passes bill to resume funding for DHS and end partial shutdown
Al Jazeera Staff, Al Jazeera English
House approves funding measure, which excludes ICE, ending weeks-long crisis that left many federal workers without pay.
Apr 30, 2026, 8:12 PM
Senate Republican on Trump ballroom push: ‘We have $39 trillion of debt’
Alexander Bolton, The Hill
Sen. Rick Scott (R-Fla.) is pushing back on a proposal to spend as much as $400 million in taxpayer money to build a 90,000-square-foot ballroom at the White...
Apr 28, 2026, 12:11 PM

The U.S. Wants To Cut NASA's Budget - Here's What It Would Actually Cost
staff@bgr.com (Aaron Greenbaum), BGR
The Trump administration has proposed making drastic cuts to the budget for NASA, but doing that would effect much more than that one organization.
Apr 23, 2026, 2:57 PM

US Senate passes $70bn funding plan for ICE, Border Patrol
Al Jazeera, Al Jazeera English
Senate votes 50-48 early on Thursday morning to advance the plan to reopen the Department of Homeland Security.
Apr 23, 2026, 1:03 PM

Senate GOP is kickstarting budget reconciliation to fund ICE. Here's how that works.
Barbara Sprunt, NPR
After a historic partial shutdown of the Department of Homeland Security, Congressional Republicans are looking to a budgetary tool called reconciliation which could enable them to fund immigration enforcement agencies without any Democratic support.
Apr 23, 2026, 9:00 AM