National debt races toward record level as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.
CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
Russell Vought could expand power of Trump's budget office
If confirmed again as White House budget director, Russell Vought would likely do more than oversee spending, policy and regulations. Vought, a co-author of Project 2025 who served as budget director in Donald Trump's first term,
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
MyNorthwest.com1d
Trump swearing-in will move inside Capitol Rotunda because of intense cold
President-elect Donald Trump will take the oath of office from inside the Capitol Rotunda Monday due to forecasts of intense cold weather.
Trump’s pick for budget director won’t say whether he would release Ukraine aid
He stressed he would follow the law, even as he emphasized Trump’s desire to overturn the 1974 Impoundment Control Act that requires congressional approval to rescind spending.
federalnewsnetwork.com1d
GOP lawmakers criticize federal telework as possible return-to-office looms
Republicans' renewed probe into federal telework sets the stage for how President-elect Donald Trump may approach a possible return-to-office mandate for feds.
Donald Trump wants to cut taxes. So do governors and lawmakers in some states
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
Trump budget nominee Russell Vought says presidents can withhold authorized spending
President-elect Donald Trump's pick for the top budget office, Russ Vought, will face senators on Wednesday for potential confirmation to a crucial post for Trump's goals to reshape and downsize the federal government.
Will JD Vance bring more populism to Trump's economic agenda?
Vance has never been a darling of the traditional free-market conservatives that dominate the Republican party. Can he shape Trump’s policy?
WBUR1d
Resistance and compromise: How Mass. Democrats plan to deal with minority status in D.C.
Every member of the delegation talks about resisting parts of Trump's agenda, but some say there's room for strategic compromise.