In a surprising turn of events, House Republicans' ambitious tax and spending bill faces defeat in the Budget Committee. Conservatives demand deeper cuts, putting President Trump's agenda at risk as negotiations heat up.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
In a significant setback for Trump, House Republicans fail to pass his ambitious tax bill due to internal divisions. Key issues include steep budget cuts, Medicaid reforms, and local tax deductions. Discover the obstacles facing the GOP!
In a historic win, Anthony Albanese secures a second consecutive term as Prime Minister of Australia, increasing his party's majority while addressing major issues like cost of living and energy policy.
In a controversial move, President Trump's administration unveils a $163 billion budget cut, significantly reducing funding for education and housing while ramping up defense and border security spending. Reactions are mixed as lawmakers debate the implications.
President Trump is set to request an unprecedented $1.01 trillion for national security in the upcoming fiscal year, emphasizing missile defense, military pay raises, and border security.
Tens of thousands gathered nationwide to protest against Trump and Musk's controversial policies, voicing concerns over government cuts, tariffs, and social justice issues. Activists called for unity and change in a powerful display of dissent.
As the Senate debates Trump's contentious budget plan, tensions rise over tax cuts for the wealthy and potential cuts to vital programs. Will Republicans push it through despite concerns?
Senate Democratic leader Chuck Schumer defies calls for resignation after voting for a GOP spending bill, citing leadership principles. The decision sparks outrage among progressives and raises questions about his future.
Treasury Secretary Scott Bessent warns of potential financial crisis due to high government spending but assures that the Trump administration is taking steps to reset the economy. With market volatility and rising deficits, is the U.S. truly on a sustainable path?
