Trump budget targets ‘valley of death’ with new military contractor accountability model
The Trump administration’s $1.5 trillion military budget request would rewrite how the Pentagon buys weapons – forcing contractors to fund their own factory expansions and penalizing them for missing production targets – in a bid […]
Court strikes tariff, Trump moves ahead with replacement
President Donald Trump's administration signaled Friday it intends to appeal a federal trade court's ruling striking down his 10% global tariff as unlawful, while...
U.S. deficit projected to hit $2 trillion, double fiscal target
The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has bipartisan...
Court strikes down Trump’s backup tariffs as unlawful
A federal trade court struck down President Donald Trump's latest global tariff on Thursday, ruling that the import taxes were unauthorized by law and...
Tax hikes alone won’t fully address US debt, report finds
No tax proposal before Congress would be sufficient on its own to put the federal debt on a sustainable long-term path, according to a...