U.S. President Donald Trump said revenues from new tariffs were just starting to kick in but could eventually reach $1 trillion a year and said some of the funds would help pay down the government’s debt, which he said could reach $38 trillion. File | Photo Credit: AP U.S. President Donald Trump on Thursday (October … Read more
Efforts to swiftly end the U.S. government shutdown collapsed on Wednesday (October 1, 2025) as Democrats in Congress rejected proposals to resolve an acrimonious funding stand-off with President Donald Trump and the White House threatened public sector jobs. With the government out of money after Mr. Trump and lawmakers failed to agree on a deal … Read more
Washington is bracing for what could be a prolonged Federal shutdown after lawmakers deadlocked and missed the deadline for funding the government. Republicans supported a short-term measure to fund the government generally at current levels through November 21, but Democrats blocked it, insisting the measure address their concerns on health care. They want to reverse … Read more
With U.S. government funding due to expire at midnight on Tuesday (September 30, 2025), Republicans and Democrats in Congress are showing no signs they will agree to a temporary spending fix that would avert a shutdown. President Donald Trump will convene a meeting with congressional leaders at the White House on Monday (September 29, … Read more
