Tag Archives: Spending

WASHINGTON — The House of Representatives was struggling on Thursday to advance President Donald Trump’s proposed $9 billion funding cut to public media and to foreign aid, amid infighting among the Republican majority over issues, including questions related to Jeffrey Epstein. House Republicans were poised to vote as soon as Thursday on the funding cut package, altered by the Senate …

Republicans in the US Senate have said they will spare the US-backed HIV/Aids programme Pepfar from cuts, amid a larger effort to reduce government spending. Senators said they would end a plan to cut $400m (£300m) from the President’s Emergency Plan for Aids Relief programme, leaving total proposed cuts at $9bn. The proposition was made in a Senate amendment to …

CNN  —  US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners. However, a steep drop-off in travel and other services camouflaged an increase in the cost of goods. The Producer Price Index, which measures the average change in prices paid to producers, was …

China Is Spending Billions to Become an A.I. Superpower  The New York Times Only 1 S. Korean among world’s top 100 AI researchers  조선일보 Sowing seeds of intelligence: rural women fuel China’s AI revolution  Xinhua Webinar Recap: China’s Open-Source AI Revolution: New Challenges for Tech Control  Asia Society The West tries to keep up with China in the AI research race  TechHQ Source link

WASHINGTON — Senate Republicans are making changes to a $9.4 billion package of spending cuts proposed by President Donald Trump as they race to pass the measure by a Friday deadline. After a lunch meeting Tuesday with White House budget director Russell Vought, they agreed on one significant change: removing about $400 million in cuts to PEPFAR, the Bush-era foreign …

Trump Administration Will Limit Medicare Spending on Pricey Bandages  The New York Times Doctors could see 3.8% Medicare pay bump in 2026  Axios CMS Issues Anticipated PFS Proposed Rule amid Turbulent Backdrop  RACmonitor CMS proposes ‘good’ physician payment update in new rule  McKnight’s Long-Term Care News HHS Announces Proposals to Revamp Medicare Payment Policies  Bloomberg Law News Source link

Senate Republicans divided over looming vote to rescind $9 billion in spending  The Washington Post WATCH LIVE: Senate convenes as Trump rescission package deadline looms  PBS Rounds on board with rescissions  Politico Will Congress cut funds to NPR/PBS and foreign aid this week?  NPR Republicans may slash $9.4bn for public broadcasting and foreign aid in days  The Guardian Source link

WASHINGTON (AP) — Senate Republicans were exploring changes Tuesday to President Donald Trump’s request to cancel $9.4 billion in previously approved spending targeted by his Department of Government Efficiency, signaling potential difficulties ahead of an important test vote. The president is looking to claw back $1.1 billion of funding authority from the Corporation for Public Broadcasting and about $8.3 billion …

Senate Republicans scramble to lock down support for Trump’s spending clawbacks  Politico GOP infighting over Trump’s DOGE cuts to take center stage as deadline looms  CNN GOP leader faces showdown with Republicans on Trump-backed funding cuts  The Hill Republicans face deadline to claw back funding for foreign aid and public media  PBS A Senate vote this week will test the popularity of DOGE spending …

CMS Proposes Physician Payment Rule to Significantly Cut Spending Waste, Enhance Quality Measures, and Improve Chronic Disease Management for People with Medicare  The Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that would increase quality care for Medicare recipients while significantly reducing unnecessary spending. The calendar year (CY) 2026 Medicare Physician Fee Schedule (PFS) proposed rule would …