Hegseth directs Pentagon to find $50 billion in cuts this year
The cuts would be as drastic as sequestration in 2013, the law passed by Congress that forced the armed services to cut $56 billion in a matter of months.
Hegseth directs Pentagon to find $50 billion in cuts this year to fund Trump military priorities
Defense Secretary Pete Hegseth has directed the military services to identify $50 billion in programs that could be cut next year in order to redirect those savings to fund President Donald Trump’s pr
Pentagon Orders Budget Revamp to Redirect $50 Billion Toward Trump's Defense Priorities
The Pentagon said on Wednesday it was directing the military to draw up a list of potential cuts totaling about $50 billion from the upcoming budget for fiscal year 2026 to be redirected into President Donald Trump's priorities for national defense.
Hegseth Faces Backlash After Proposing Pentagon Cuts To Fund Trump's Agenda
Hegseth directed the Pentagon to find $50 billion in cuts for the next fiscal year so the money can be spent on Trump's policy priorities.
Trump administration orders Pentagon to plan for sweeping budget cuts
The Trump administration directive exempts a handful of programs, including Trump’s expanded military mission along the U.S.-Mexico border.
Pentagon looks to offset $50B in spending for Trump priorities
The Pentagon plans to move some money around to pay for President Donald Trump's military priorities, including building an Iron Dome for America that would protect
US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
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As Musk works to slash federal spending, his own firms have received billions in government contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received ...
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That alarm bell about the nation’s fiscal health is growing louder and louder
The government will once again spend a trillion dollars more than it takes in this year, according to the Government Accountability Office.
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Trump, Online Posts Misrepresent Government Subscriptions to News Services
Both the Biden and Trump administrations subscribed to Politico and other news services. But President Donald Trump and ...
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US federal debt nears 98% of GDP, says US GAO
The US Government Accountability Office (GAO) released its annual report to Congress on the country's fiscal health on 5 ...
Washington Monthly2d
How Democrats Can Help Avoid a Government Shutdown—or Getting Blamed for One
Republicans need help to pass a budget to keep the government running, but Democrats can’t overplay their hand.
TIP: Inflation Up, U.S. Fiscal Stability Down
The risk with TIP is increased because it is inflation-backed. The Treasury can theoretically create money to repay debt, but ...
The Marietta Times2h
Officials react to potential layoffs at Bureau of Fiscal Service
Concerns about potential layoffs at the federal Bureau of the Fiscal Service facilities in Parkersburg made the rounds on ...