Taxes
Pentagon confirms U.S. has spent $25 billion on war with Iran
The U.S. has spent about $25 billion to fund Operation Epic Fury, which began Feb. 28 and is aimed at eliminating Iran's nuclear arsenal and offensive missile capability.
Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects
The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects. Democrats in Congress are investigating.
Hegseth calls House Democrats the biggest obstacle facing U.S. in Iran
A hearing that was supposed to be about the fiscal 2027 military budget turned into a partisan shouting match about the Iran war as Defense Secretary Pete Hegseth appeared before Congress for the first time since the conflict started.
Luxury car drivers get food stamps; USDA targets legal loophole
Thousands of food stamp recipients have been cruising to the grocery store in Maseratis, Lamborghinis, Porsches and other extravagant cars, a federal investigation uncovered.
The federal government made at least $186 billion in improper payments in a single year
Federal agencies made an estimated $186 billion in improper payments in the 2025 fiscal year, according to a new government report.
Australia moves to tax Meta, Google and TikTok to fund newsrooms
Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters.
Billionaire tax proposal in California is on track to qualify for the ballot, backers say
A controversial proposal in California to temporarily increase taxes on billionaires has enough signatures to qualify for the November ballot, a labor union backing the measure said Monday.
Family Research Council helping feds take on Southern Poverty Law Center
Family Research Council President Tony Perkins said his organization is assisting the FBI's investigation of the Southern Poverty Law Center, which has been indicted for funding hate groups it claimed to fight.
Trump calls on Schumer to apologize for ripping Border Patrol, ICE
President Trump on Thursday demanded that Senate Minority Leader Charles E. Schumer apologize to immigration authorities for remarks the New York Democrat made on the chamber's floor.
Jeffries: House Democrats are united against GOP immigration reconciliation push
House Minority Leader Hakeem Jeffries said Thursday that Democrats are committed to stopping the "extreme" Republican budget blueprint that calls for $70 billion in new immigration enforcement funding.
Senate GOP budget blueprint calls for up to $70 billion in new immigration enforcement funding
Senate Republicans on Tuesday unveiled a budget blueprint that will let them craft a filibuster-proof bill to provide immigration enforcement agencies with up to $70 billion to spend through the remainder of President Trump's term.
Trump says he would be ‘honored’ by companies refusing tariff refunds
President Trump said Tuesday he would be happy with companies that decline to seek refunds for tariffs that the Supreme Court invalidated.
Retail sales up 1.7% in March from February driven by a spike in gas prices due to the Iran war
Shoppers accelerated their spending in March from February, but they spent most of their money at the gas pump.
Wildfire survivors who lost their homes could face another blow from taxes on settlement payouts
Thousands of survivors of the 2025 Eaton Fire in Altadena, California, have elected to accept an upfront settlement from the utility accused of causing it, forgoing future litigation for a faster payment that could help them rebuild or relocate.
Businesses can claim refunds for Trump tariffs ruled unconstitutional starting Monday
A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday.
Trump’s lawyers are in talks with the IRS to resolve president’s $10B lawsuit
Lawyers for President Donald Trump are engaged in talks with the IRS to resolve a $10 billion lawsuit the president filed against his own tax collection agency over the leak of his tax information to news outlets between 2018 and 2020.
Trump rebukes Mamdani’s new plan to ‘tax the rich’
New York City Mayor Zohran Mamdani's new "tax the rich" plan drew condemnation from President Trump, a Queens native, who slammed the policy that would affect his business.
Trump touts no taxes on tips, overtime at Las Vegas roundtable
President Trump traveled to Las Vegas on Thursday to promote his "no-tax-on-tips" and "no-tax-on-overtime" policies, which he said have returned money into the pockets of everyday Americans.
ICE has ‘surplus’ of detention beds, and border wall is ahead of schedule
The Department of Homeland Security is facing serious headwinds on Capitol Hill, but top immigration officials touted some major bright spots Thursday, saying ICE currently has a "surplus" of detention beds, and construction on President Trump's border wall is under budget.
White House hails this year’s record tax refunds for Americans
The White House spent Tax Day arguing that record tax refunds have boosted the U.S. economy. But it may not be enough to offset the setbacks from higher energy prices due to the Iran war.
