A federal appeals court has set President Donald Trump back on his attempt to withhold nearly $5 billion in congressionally approved foreign aid, siding with a lower court’s decision.
Read More Federal appeals court blocks Trump’s $5B foreign aid cut
U.S. customs duty collections surged again back in June as President Donald Trump’s tariffs gained momentum, surpassing $100 billion for the first time in a fiscal year. This helps generate a whopping $27 billion budget surplus for the month, the Treasury Department stated on Friday.
Read More Trump tariffs result in U.S. customs duties topping $100B for ‘first time in a fiscal year’
Jack in the Box is seeking to offload its struggling Del Taco restaurant business and suspended its dividend as part of a restructuring plan under new CEO Lance Tucker.
Read More Jack in the Box explores Del Taco sale in strategic review, halts dividend; shares fall
The Senate approved the Pentagon’s massive $895 billion annual budget on Wednesday, which also prohibited the use of federal funds to provide transgender surgeries for minors with gender dysphoria, angering pro-LGBTQ Democrats.
Read More Senate Approves $895B Defense Bill Despite Democrat Opposition To Youth ‘Trans Care’ Ban
House GOP leadership pulled their government spending proposal from consideration just hours before it was brought for a vote on the House floor, causing lawmakers to brainstorm as they look to avoid a government shutdown three weeks before the deadline.
Read More House GOP Pulls Vote On Gov’t Spending Bill Over Republican Disagreement, Deadline 3 Weeks Away
Former President Donald Trump announces his intention to get rid of taxes seniors pay on their Social Security checks in a Wednesday statement.
Read More Trump Proposes Elimination Of Social Security Tax