Tag #Us Politics

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nbcnews.com
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Weak US Bond Auction, GOP Spending Bill Trigger Global Market Plunge

A weak US government bond auction, driven by fears of a global borrowing glut exacerbated by the GOP's proposed spending bill, sent markets plummeting, with the S&P 500 down 1.6%, the Dow Jones down over 800 points, and the Nasdaq down 1.4%, reflecting investor concerns about higher interest rates.

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nbcnews.com
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House GOP Advances Revised Trump Agenda Bill

The GOP-led House Rules Committee advanced President Trump's revised legislative package Wednesday night after a marathon hearing and party-line vote (8-4), incorporating accelerated Medicaid work requirements, earlier clean energy tax credit phase-outs, and a raised SALT deduction cap, along with r...

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Good Health and Well-being
smh.com.au
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Biden's Cancer Diagnosis: A Test of National Empathy

Former US President Joe Biden revealed his prostate cancer has metastasized, prompting mixed public reactions ranging from support to cynical accusations, highlighting the nation's deep political divisions and capacity for empathy.

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Good Health and Well-being
dw.com
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Qatar Gifts Trump $400 Million Boeing 747; Ethical Concerns Raised

On May 21st, the U.S. Department of Defense accepted a $400 million Boeing 747 gifted by Qatar to President Trump, despite ethical concerns and ongoing legal discussions; the plane will be modified for Air Force One use, a process expected to take two years and cost significantly more.

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foxnews.com
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House GOP Divided on Trump's Bill: Internal Conflicts Threaten Majority

House Speaker Mike Johnson is navigating internal Republican divisions over President Trump's sweeping bill, facing pressure from conservative fiscal hawks demanding deeper Medicaid cuts and a repeal of green energy tax credits, and moderate Republicans seeking a higher SALT deduction cap; failure t...

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cbsnews.com
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FEMA Rescinds Strategic Plan Ahead of Hurricane Season

FEMA Acting Administrator David Richardson rescinded the agency's 2022-2026 strategic plan on Wednesday, less than two weeks before the start of the Atlantic hurricane season, eliminating the agency's Office of Resilience Strategy and raising concerns about preparedness.

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Sustainable Cities and Communities
foxnews.com
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House Rules Committee Approves Trump's "Big, Beautiful Bill", Sending it to Full House

The House Rules Committee passed a sweeping Republican bill, informally known as Trump's "big, beautiful bill", by an 8-4 vote late Wednesday night, sending it to the full House for a vote; the bill includes provisions to boost small businesses and lower-income families while reducing government spe...

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npr.org
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House Republicans Release Revised $3.8 Trillion Tax Cut Bill

House Republicans released a revised bill totaling roughly $3.8 trillion in tax cuts, extending the 2017 Trump tax cuts and including changes to Medicaid and SNAP, aiming for passage by the end of the week after negotiations with the White House.

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theguardian.com
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House Set to Pass Tax Cut Bill, Adding \$3.8 Trillion to National Debt

The Republican-controlled House is poised to pass a bill extending 2017 tax cuts, boosting military and immigration spending, and cutting social programs, adding \$3.8 trillion to the national debt over a decade, despite a recent Moody's credit downgrade.

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No Poverty
cnn.com
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House Committee Advances Trump's Domestic Policy Bill After Marathon Session

After a 22-hour session, a key House committee voted to advance President Trump's domestic policy bill, which includes significant changes to Medicaid, the SALT cap, and energy tax credits, setting up a high-stakes House vote with a potential showdown between warring factions of the Republican confe...

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foxnews.com
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China Condemns Trump's "Golden Dome" Missile Defense System

China expressed serious concerns over President Trump's proposed "Golden Dome" missile defense system, citing its offensive capabilities and violation of the Outer Space Treaty, warning of a potential space arms race and heightened international security risks.

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Peace, Justice, and Strong Institutions
foxnews.com
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Medicaid Protest Disrupts House Proceedings

Leftist protesters affiliated with the People's Action Institute disrupted a House office building on Wednesday to protest Medicaid cuts in the proposed budget bill, leading to a brief standoff with Capitol Police before the protesters were removed without arrests.

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Good Health and Well-being

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