Washington — The fight over funding the government is likely to be a costly one. Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points, according to an estimate published by EY-Parthenon chief economist Gregory Daco. That cost is a function of reduced pay
House Speaker Mike Johnson (R-La.), House Republican Leader Steve Scalise (R-La.), House Majority Whip Tom Emmer (R-Minn.), and House GOP Caucus Chairwoman Lisa McClain (R-Mich.) hold a press conference on the second day of the government shutdown at 10 a.m. ET on Oct. 2. Original News Source Link – Epoch TimesRunning For Office? Conservative Campaign
House Speaker Mike Johnson told “CBS Mornings” on Thursday that Republicans and Democrats are not currently engaged in negotiations to end the government shutdown. “There’s no negotiation right now because the Democrats have dug in,” he told “CBS Mornings.” Johnson, a Louisiana Republican, said that his GOP colleagues are urging their Democratic counterparts to approve
Secretary of Homeland Security Kristi Noem speaks during a news conference at Ronald Reagan Washington National Airport in Arlington, Va., on July 8, 2025. Kent Nishimura/Getty Images The Department of Homeland Security (DHS) said on Sept. 30 that it removed five senior officials from the Transportation Security Administration (TSA), accusing them of weaponizing a now-abolished
The head of a presidential library resigned this week after a tug-of-war with the Trump administration over gift selection and a sword for King Charles III, sources familiar with the matter told CBS News. Todd Arrington, a career historian who previously held posts with the National Park Service and National Archives and Records Administration, stepped
Students walk through Sproul Plaza on the UC Berkeley campus in Calif., on March 14, 2022. Justin Sullivan/Getty Images Two high school seniors with a B-plus average and similar extracurricular activities get accepted to the same four-year private college. Their household incomes are nearly identical. One would pay $29,700 a year to attend the school,
Energy Secretary Chris Wright walks outside of the West Wing of the White House following a television interview in Washington on Aug. 19, 2025. Mandel Ngan/AFP The U.S. Department of Energy (DOE) said on Oct. 2 that it had terminated 321 federal grants funding 223 projects, amounting to about $7.56 billion in cuts. Under the