Tag #Federal Budget

npr.org
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Trump Administration's Claimed Savings Shrink to $2 Billion Upon Review

The Trump administration's online tracker boasts $55 billion in savings from government efficiency, but NPR's analysis reveals only about $2 billion in verified savings, primarily from agency cuts, exposing discrepancies and raising concerns about transparency.

Progress

52% Bias Score

Reduced Inequality
dw.com
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Trump's Federal Funding Freeze Temporarily Blocked by Court

President Trump's administration issued a freeze on federal funding, impacting various programs, prompting public protests, and facing a temporary injunction from a federal judge in Washington D.C., who cited potential for 'irreparable harm' before a legal review can be conducted.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
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Senate Poised to Pass Social Security Fairness Act, Adding \$195 Billion to Deficit

The Senate is set to pass the Social Security Fairness Act, eliminating benefit reductions for almost 3 million public employees, adding \$195 billion to the federal deficit over 10 years and accelerating the program's insolvency by six months, according to the Congressional Budget Office.

Progress

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npr.org
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DOGE's $55 Billion in Claimed Savings: An NPR Analysis Reveals Vast Discrepancies

An NPR analysis reveals that the Department of Government Efficiency's (DOGE) claim of $55 billion in federal spending cuts is drastically overstated, with actual savings closer to $2 billion due to methodological errors and incomplete data.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
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Canadian Capital Gains Tax Hike Uncertain After Parliament Prorogation

Canada's planned capital gains tax hike, projected to generate $19.4 billion in federal revenue over five years, is uncertain due to Parliament's prorogation, creating financial risks for both federal and provincial governments and leaving the CRA administering the tax based on an unpassed motion.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
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Easterly Government Properties Stock Plummets on Federal Spending Cut Fears

Easterly Government Properties (DEA) stock has fallen 12% since the election due to investor fears about the incoming administration's plans to cut $500 billion in federal spending, despite the company's CEO arguing that their properties are essential for mission-critical government functions, such ...

Progress

52% Bias Score

Decent Work and Economic Growth