Washington — House and Senate Republicans are racing to keep pace on competing budget proposals to enact President Trump’s top priorities, with committees in both chambers voting to advance their respective plans this week. The House Budget Committee marked up its resolution on Thursday, one day after the Senate Budget Committee did the same. The
Elon Musk defends major federal cuts Elon Musk defends federal cuts, insists he has no conflict of interest 02:58 MINNEAPOLIS — A lawsuit filed on Thursday by attorneys general from 14 states challenges the authority of billionaire Elon Musk and his Department of Government Efficiency to access sensitive government data and exercise “virtually unchecked power.”
Less than a month after pulling TikTok from their U.S. app stores in response to a new law that requires TikTok to divest from its China-based owner, the social media platform was returning to both the Apple and Google Play stores Thursday night. A Google spokesperson told CBS News that TikTok was restored to its
Why Trump wants to impose reciprocal tariffs – CBS News Watch CBS News President Trump announced a plan for reciprocal tariffs on U.S. trading partners, marking another step in his challenge to the economic consensus that tariffs increase consumer prices. The announcement comes one day after new inflation data showed persistent price increases across the
Downstream from a bitter election, rafters with opposing politics reunite – CBS News Watch CBS News During the presidential campaign, we introduced you to a couple of political opposites. They went on a rafting trip together to see if they had more in common than they might have imagined. Now, with the election over and
Trump introduces plan to impose reciprocal tariffs on foreign goods – CBS News Watch CBS News President Trump has ramped up his global trade war, introducing a plan to increase tariffs on foreign goods to match the tax rates that other countries put on American goods. Kelly O’Grady visited a manufacturer in the Pittsburgh area
President Donald Trump has announced sweeping reciprocal tariffs on all U.S. trading partners “for purposes of fairness.” Speaking from the Oval Office on Feb. 13, the president confirmed that he will implement a matching tariff on whatever amount countries charge the United States. “It works out very well,” Trump told reporters. “It’s a beautiful, simple