Republicans, tax and House Budget

House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
Minnesota Gov. Tim Walz proposes lower sales tax rate, spending cuts in his budget
Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to impose tariffs, which he says will raise costs on everyday Minnesotans. His plan would lower Minnesota’s sales tax rate for the first time in state history by 0.
Gov. Tim Walz's budget proposal for Minnesota: Here's what's in it
Minnesota Gov. Tim Walz presented his two-year budget proposal on Thursday amid an ongoing power struggle at the Capitol.
Walz proposes sales tax decrease and hopes to cut spending in new budget
Minnesota Governor Tim Walz has proposed his annual budget, and this year, he’s taken a slimmed-down approach. The governor unveiled his budget on Thursday.
Walz unveils slimmer Minnesota budget, pitches sales tax cut
Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a potential deficit at bay. He also proposed a lower state sales tax rate but called for extending the tax’s reach to financial services.

US budget deficit to hit $1.9 trillion in 2025

Milei, Argentina and budget surplus

Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
You don’t need a budget, says one personal finance writer—here’s why
Dana Miranda feels that her provocative advice offers a wake-up call for people to live a more ethical, stress-free financial ...
Taiwan may cut its defense budget, just as Trump returns
Another U.S.-aligned democracy in Asia is mired in political gridlock, with Taiwan’s opposition challenging defense spending ...
Democratic Gov. Laura Kelly presents new state budget to Republican-led House, Senate
Kansas budget director Adam Proffitt delivers Democratic Gov. Laura Kelly's budget proposal to the Republican-led Kansas ...
Polish president signs budget but sends it to Constitutional Tribunal
Polish President Andrzej Duda signed the 2025 budget but will ask the Constitutional Tribunal to check the constitutionality ...
Georgia budget proposal dips into $1B surplus, funds $615 million in Hurricane Helene relief
Gov. Kemp's $40.5 billion 2025 mid-year budget dips into the state's healthy surplus to bankroll a $1 billion one-time tax ...
LA Times Today: Did Mayor Karen Bass really cut the fire department budget? The answer gets tricky
L.A. Fire chief Kristin Crowley pointed the finger at Mayor Karen Bass and budget cuts to the L.A. Fire Department. And she’s ...
Portland faces potential $100M budget shortfall, officials say
Portland officials Friday said that the city could face a staggering budget gap of more than $100 million in the coming ...