Tony Romm wrote a new post 1 day, 5 hours ago
Deficit Politics Returns in Debate Over Trump Tax Cuts The debate over whether the United States is risking its economic future by running up ever-larger government debt has flared and sputtered for […]
Tony Romm wrote a new post 2 days, 22 hours ago
Trump Allies Try to Discredit Experts Warning About the Cost of Tax Cuts Even before House Republicans learned the full price of their tax package on Wednesday, one of the bill’s chief authors, Representative Jason Smith of M […]
Tony Romm wrote a new post 1 week, 2 days ago
Court Tariffs Ruling Upends Trump’s Trade Strategy The administration immediately petitioned a court to allow the United States to continue imposing stiff tariffs.One day after a federal court declared many […]
Tony Romm wrote a new post 2 weeks, 1 day ago
Trump Administration Wrongly Impounded Infrastructure Aid, Watchdog Finds The findings appeared to inch the government closer to a constitutional showdown, as President Trump increasingly looks to claim expansive powers over the […]
Tony Romm wrote a new post 2 weeks, 4 days ago
Trump Berates Walmart and Mattel for Warning About Tariff Price Increases The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.President Trump is telling some of the nat […]
Tony Romm wrote a new post 3 weeks, 1 day ago
Republican Tax Bill May Hurt the Lowest Earners and Help the Richest Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.As Representative Jason S […]
Tony Romm wrote a new post 3 weeks, 3 days ago
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.When Gov. […]
Tony Romm wrote a new post 1 month ago
Trump Proposes $163 Billion in Cuts Across Government in New Budget Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.President Trump on Friday proposed […]
Tony Romm wrote a new post 1 month ago
President Trump remains bullish, even as the economy flashes warning signs. The economy is contracting, companies are reporting losses and consumers are tightening their belts.As dour as the economic data has been this week, […]
Tony Romm wrote a new post 1 month, 1 week ago
Federal Watchdog Reveals Dozens of Inquiries Into Trump’s Withholding of Funds The investigations by the Government Accountability Office come as the White House looks to expand its power over the federal budget.An independent federal […]
Tony Romm wrote a new post 1 month, 1 week ago
Trump’s Tariffs Prompt Wave of Lawsuits The cases are the latest test of the president’s expansive claims of executive power.Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, C […]
Tony Romm wrote a new post 1 month, 2 weeks ago
After Trump Spares Apple, Other Businesses Want a Tariffs Break Retail executives huddled with the president amid fears that tariffs could result in higher prices.When President Trump’s steep tariffs threatened to send t […]
Tony Romm wrote a new post 1 month, 2 weeks ago
White House Eyes Overhaul of Federal Housing Aid to the Poor The White House is considering deep cuts to federal housing programs, including a sweeping overhaul of aid to low-income families, in a reconfiguration that […]
Tony Romm wrote a new post 1 month, 4 weeks ago
Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos As new U.S. tariffs upended financial markets and sent foreign governments scrambling to respond, President Trump on Wednesday morning remained ebullient, […]
Tony Romm wrote a new post 2 months ago
U.S. Markets Swing Wildly as Trump Admin Denies 90-Day Tariff Pause Report U.S. markets swung wildly this morning on an unsubstantiated report that President Trump was considering a 90-day pause to his expansive tariffs. The White […]
Tony Romm wrote a new post 2 months ago
Trump Sounds Defiant Note as Tariffs Roil Markets Again As financial markets recoiled for a second day and China said that it would hit the United States with its own punishing tariffs, President Trump on Friday […]
Tony Romm wrote a new post 2 months ago
Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China The New Civil Liberties Alliance — a nonprofit group that describes itself as battling “violations by the administrative state” — sued the federal governm […]
Tony Romm wrote a new post 2 months, 1 week ago
As Trump Tariffs Loom, White House Eyes Costly Farmer Bailouts The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.Ahead of P […]
Tony Romm wrote a new post 2 months, 1 week ago
Russell Vought, Trump’s Budget Chief, Wants to Cut ‘Woke’ Spending Russell T. Vought, leader of the Office of Management and Budget, aims to marry extreme austerity with his Christian values.Years before President Trump […]
Tony Romm wrote a new post 2 months, 1 week ago
US Debt Will Mean ‘Significant Risks’ for Economy, Budget Office Says Debt as a share of the U.S. economy will reach 118% in 2035, the Congressional Budget Office said on Thursday.As President Trump and his Republican allies […]