Trump said to seek $716 billion for defense in 2019 budget

/ Jan 27, 2018

Trump said to seek $716 billion for defense in 2019 budget

U.S. President Donald Trump will propose increasing total defense spending to $716 billion in fiscal 2019 in his budget request expected to be released in February, a U.S. official said, backing the Pentagon's push for a major buildup. The funding would include $597 billion for ...

Democrats, Republicans trade blame as U.S. government shuts down

/ Jan 20, 2018

Democrats, Republicans trade blame as U.S. government shuts down

The federal government shut down at the stroke of midnight Friday, halting all but the most essential operations and marring the one-year anniversary of President Donald Trump's inauguration in a striking display of Washington dysfunction. Last-minute negotiations crumbled as Senate Democrats blocked a four-week stopgap ...

Trump's tax overhaul gets mixed reviews from economists

Sep 28, 2017

Trump's tax overhaul gets mixed reviews from economists

President Donald Trump's new plan for broad-based income tax cuts debuted to mixed reviews, with industry cheering but economists cautioning that it could increase deficits with only modest gains in growth. The largest U.S. labor union, meanwhile, denounced the new plan as a "con game" ...