Your Pulse On America: Live And Unfiltered
Sales of electric vehicles have been rising in recent years, partly because of a $7,500 tax credit from the federal government that helps lower the cost of buying one. But a budget bill that House Republicans released on Monday would end that tax credit. Their proposal would also put new restrictions on other tax breaks…
President Trump on Monday signed an executive order asking drugmakers to voluntarily reduce the prices of key medicines in the United States. But the order cites no obvious legal authority to mandate lower prices. The order said the administration would consider taking regulatory actions or importing drugs from other countries in the future if drugmakers…
President Trump on Friday proposed slashing $163 billion in federal spending for the next fiscal year, a dramatic reconfiguration of the government’s role and reach that would eliminate a vast array of climate, education, health and housing programs, including some that primarily benefit the poor. Mr. Trump’s discretionary $1.7 trillion blueprint illustrates his conservative vision…
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next week that includes draconian cuts that would entirely eliminate some federal programs and fray the nation’s social safety net. The proposed budget for the 2026 fiscal year would cut billions…
President Trump on Friday plans to unveil his budget for the 2026 fiscal year, proposing billions of dollars in cuts targeting child care, education, health, housing and nutrition programs, including those that benefit the poor. The blueprint is likely to showcase Mr. Trump’s conservative vision for Washington while formalizing his disruptive reorganization already underway, as…
An independent federal watchdog has opened more than three dozen investigations into the Trump administration to determine if it has illegally withheld billions of dollars in congressionally approved funds, raising the odds of a high-stakes constitutional clash over the power of the government’s purse. The acknowledgment by the Government Accountability Office came on Tuesday, as…
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next week that includes draconian cuts that would entirely eliminate some federal programs and fray the nation’s social safety net. The proposed budget for the 2026 fiscal year would cut billions…
President Trump and Elon Musk promised taxpayers big savings, maybe even a “DOGE dividend” check in their mailboxes, when the Department of Government Efficiency was let loose on the federal government. Now, as he prepares to step back from his presidential assignment to cut bureaucratic fat, Mr. Musk has said without providing details that DOGE…
We’ve got some more thoughts on Elon Musk’s $97 billion hostile bid for Sam Altman’s OpenAI, which, we’re told, still hasn’t been delivered to anyone at OpenAI. Assuming an offer does show up, from a legal standpoint it’s actually dead on arrival. That’s because the board of OpenAI has no legal fiduciary duty to maximize…
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other countries have wealth funds,” he said. “We have nothing.” On Monday, he took the first step. He issued an executive order that announced the planning for an investment vehicle or a sovereign wealth…