Congress sends $9B spending cuts package to Trump's desk
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Senate Republicans celebrated the 51-48 vote early Thursday that gives the green light to claw back funds, including about $8 billion in foreign aid they say is wasteful, citing examples in
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New York Magazine on MSNWhy Trump Keeps Clawing Back SpendingMaybe he truly hates social spending. Maybe he’s promised clawbacks to fiscal hawks. Maybe he wants Democrats to shut down the government. Stay tuned.
As part of the spending cut package passed by the House early Friday morning and heading to President Donald Trump’s desk, lawmakers cut millions from the federal government’s contributions to an international fund that helps poorer countries reduce their emissions of ozone-depleting gases.
A Senate advanced a spending bill that includes $20 million in funding for infrastructure upgrades at Selfridge Air National Guard Base in Michigan.
The federal government has been debating the best location for a new FBI headquarters for well over a decade while its current office space in the J. Edgar Hoover Building continues to deteriorate.
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American Express Co.’s billed business on its cards and other products outperformed expectations in the second quarter as its affluent customers continued to spend.
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The average American consumer is still spending, but they’re getting pickier about where the money goes, according to recent data.