Budget bill would increase inequality, Nobel-winning economists say

Six Nobel laureate economists said a massive budget bill passed by House lawmakers last month and backed by President Trump would weaken key safety-net programs while greatly lifting the federal debt.  The tax and spending package, which Republicans have dubbed the “one big beautiful bill,” would hurt millions of Americans by slashing Medicaid and food

Trump administration asks Supreme Court to let it move forward with layoffs

Washington — President Trump’s administration asked the Supreme Court on Monday to allow it to move forward with its plans to lay off thousands of federal workers at nearly two dozen agencies while a legal battle over the president’s plans to drastically cut the size of the government moves forward. The Justice Department’s request for

Democrats ask Supreme Court to let them defend political contribution limits

Remaining SCOTUS cases These pivotal Supreme Court cases are still pending 01:51 Washington — Democratic groups are urging the Supreme Court to let them defend federal limits on coordinated spending between campaigns and political committees if the high court agrees to hear a Republican case seeking to ease those restrictions. The Democratic Senatorial Campaign Committee,

What key GOP senators want to change in Trump’s House-passed “one big beautiful bill”

Washington — The Senate this week is taking up the massive budget package containing President Trump’s second-term agenda, a measure that squeaked through the House with a one-vote margin, solely with Republican votes. Its path through the Senate seems destined to be similarly narrow, with the package almost certain to be revised, since parts of

China says U.S. violated tariff truce as trade war heats up

China on Monday said the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing AI chip export control guidelines, stopping the sale of chip design software to China and by planning to revoke Chinese student visas. The Trump administration’s actions “seriously undermine the existing consensus reached at the Geneva