US July budget deficit up 20% year-over-year despite record Trump tariff income
As President Donald Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the government.
As President Donald Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the government.
Trump fired the former Bureau of Labor Statistics chief on Aug. 1 after the July jobs report showed hiring slowed sharply this spring, with job gains in May and June revised much lower than initially estimated.
Millions of Americans saving for retirement could have the option of putting their money in higher-risk investments, according to an executive order signed Thursday by President Donald Trump.
Only $53 million of the $7 billion awarded has been spent, according to a tally by the research firm Atlas Public Policy. Several grant recipients this week said their programs were in planning phases.
Vice President JD Vance spent several hours in the Hoosier State on Thursday to meet with Indiana Gov. Mike Braun and other leaders about the possibility of creating more GOP seats with redrawn congressional boundaries.
Health Secretary Robert F. Kennedy Jr. announced Tuesday that 22 projects, totaling $500 million, to develop vaccines using mRNA technology will be halted.
An Indiana House Democrat called defeating mid-cycle redistricting “a knife fight for democracy.”
Erika McEntarfer’s removal has stirred concerns on Wall Street, where analysts and economists warned that such an abrupt shake-up could jeopardize the integrity of the nation’s economic data.
Revisions to job reports are common, but Trump claimed the changes were “rigged” to make him look bad. The episode underscores questions about the independence and stability of the federal agencies tasked with reporting the nation’s most critical economic data.
President Donald Trump launched a successful campaign to claw back the $1.1 billion allocated for the organization for the next two years, a measure he signed into law last month.
Fed Chair Jerome Powell has held the benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Trump’s massive tariffs had on inflation.
With more from Congress, the group hopes it could close the gap left by slashed funding for state programming.
President Donald Trump signed an executive order on Thursday alongside a coterie of current and retired professional athletes to bring the presidential fitness test back to U.S. schools.
The new program is expected to allow Americans to share personal health data and medical records across health systems and apps run by private tech companies, making it easier to access health records and monitor wellness.
Families, nonprofits, churches and businesses are asking their attorneys on how to plan ahead if confronted by Immigration and Customs Enforcement agents.
The National Transportation Safety Board investigation found that the Army chopper involved in a fatal midair crash at Reagan National earlier this year was flying above its altitude limit.
The proposed Environmental Protection Agency rule would rescind a 2009 declaration that determined that carbon dioxide and other greenhouse gases endanger public health and welfare.
Members of Indiana’s U.S. House of Representatives delegation and their staffers have accepted roughly $640,000 in privately sponsored international travel since 2020, an analysis of travel disclosures found.
Federal employees can display religious items at work, pray in groups while not on duty and encourage co-workers to adopt their faith, according to guidance released Monday by the Office of Personnel Management.
The threat of cuts comes as the groups expect more demand for help after Republicans’ tax and budget law complicated Medicaid health coverage with a new work-reporting requirement.