Tag: cuts
Republicans’ Planned Medicaid Cuts Draw Protests at House Hearing
Lawmakers bickered, protesters shouted and senators came to take in the moment as a House committee weighed a critical portion of a bill to enact Pres [...]
Trump Administration Cuts Additional $450 Million in Grants to Harvard
The latest broadside from the federal government comes as Harvard faces multiple investigations from across the Trump administration.
www.nytimes.com [...]
Chasing Tax Cuts, Trump and Republicans Want to Make States Pay
G.O.P. leaders are exploring cuts to federal aid, leaving some states fearful that their budgets cannot absorb billions of dollars in new costs.
www. [...]
Republicans Want Budget Cuts, but Not the Political Consequences
With a crucial week looming in the House, the G.O.P. is groping for ways to achieve savings without provoking a political backlash. It’s a little tric [...]
Republicans Propose Paring Medicaid Coverage but Steer Clear of Deeper Cuts
The proposal, which is to be considered this week by a key House panel, omits some of the furthest-reaching reductions to the health program but would [...]
Republicans Lay Out Early Plans to Extend and Expand Trump Tax Cuts
House Republicans rolled out the first pieces of a roughly $4 trillion tax cut they hope to pass, including measures that would last just for Presiden [...]
Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for the moment.
www.nytimes.co [...]
Forexlive Americas FX news wrap 8 May:UK in the news. BOE cuts. UK makes trade deal w/ US
It was UK day as the Bank of England cut rate by 25 basis points which was not a surprise, but the dissenters who wanted to cut by 50 basis points and [...]
F.B.I. Director Walks Back Concerns About Trump Budget Cuts
After telling House lawmakers that the F.B.I. needed more resources, Kash Patel told senators that he agreed with a proposal to slash more than $500 m [...]
Starmer faces growing rebellion over welfare cuts
Joshua NevettPolitical reporterBBCPrime Minister Sir Keir Starmer is facing a growing rebellion by Labour MPs over planned welfare cuts some have warn [...]
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an unexpected three-way split among policymaker [...]
Labour MPs signal rebellion over benefits cuts
A number of Labour MPs have said they will vote against the government's proposed cuts to disability benefits.Nine Labour MPs voiced concern over the [...]
Keir Starmer defends winter fuel cuts in face of calls for U-turn
Becky MortonPolitical reporterPMQs: Badenoch presses PM on winter fuel paymentSir Keir Starmer has defended the decision to axe winter fuel payments f [...]
Columbia Lays Off Nearly 180 People Because of Trump Research Cuts
“We understand this news will be hard,” Claire Shipman, Columbia University’s acting president, wrote in a note to the community.
www.nytimes.com [...]
Winter fuel cuts were factor at elections, admits minister
Paul SeddonPolitical reporterGetty ImagesRestricting winter fuel payments dented Labour's support at last week's local elections, the health secretary [...]